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| Name | US to release 50 million barrels of oil from strategic reserve | Inside Story |
| Video Uploader | Video From Al Jazeera English |
| Upload Date | This Video Uploaded At 24-11-2021 17:30:04 |
| Video Discription | It's a rare move, that President Joe Biden hopes will help ease U.S. petrol prices and reduce inflation that have hit a 31-year high. He's tapping into the Strategic Petroleum Reserve. 50 million barrels of oil are being released. Several other countries have also agreed to use their emergency reserves. Biden's critics say it's a temporary fix. Some argue it's a political move to help his sagging approval ratings. But the president says there isn't enough oil on the market to meet demand - and that's pushing up prices. He's asked the Organization of Oil Producing Countries to increase its output. - Follow us on Twitter: https://twitter.com/AJEnglish/ - Find us on Facebook: https://www.facebook.com/aljazeera/ - Check our website: https://www.aljazeera.com/ #US #Oil #Biden |
| Category | News & Politics |
| Tags | Al Jazeera | America | US | al jazeera english | aljazeera | aljazeera analysis | aljazeera breakdown | aljazeera english | aljazeera live | aljazeera news | biden | gas | oil | release | reserves | united states |
