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U.S. oil reserve release meant to help Democrats?

Published

3 years ago

October 20, 2022

15 million barrels will be released from nation’s oil reserve

The Biden administration announced that they will release of 15 million barrels of oil from the country’s Strategic Petroleum Reserve in an effort to lower fuel prices.

Last week, leading OPEC, the Saudi government rejected appeals from the U.S. and moved forward with cutting oil production.

This came after news broke that the Biden administration urged Saudi Arabia to delay reducing their oil production by one month—which would push the change off until after the midterm elections.

The decision is expected to cause gas prices to spike in the U.S. before Election Day.

On Wednesday, U.S. President Joe Biden announced the release would lower gas prices and strengthen domestic oil production.

As the President wrapped up his remarks at the White House, a reporter shouted out at him, “What is your response to Republicans who say you are only doing this SPR release to help Democrats in the midterms?

“Where have they been the last four months? That’s my response,” Biden said, sarcastically.

Another reporter asked, “Is it politically motivated, sir, three weeks before the midterms?”

Biden responded, “No, it’s not. Look, it makes sense. I’ve been doing this for how long now? It’s not politically motivated at all. It’s motivated to make sure that I continue to push on what I’ve been pushing on.”

Additionally, the release comes as the administration has been meeting with executives from oil company to try and negotiate ways to lower fuel prices ahead of the midterm elections.

Inflation—driven by high energy prices—is a key issue in this year’s elections.

News

Sign of the times? Hyundai and Mazda turn to China for EVs

Hyundai and Mazda tap China for new EVs, highlighting the country’s rising role in global electric vehicle production.

Published

3 hours ago

November 3, 2025

ticker NEWS

Hyundai and Mazda tap China for new EVs, highlighting the country’s rising role in global electric vehicle production.

Hyundai and Mazda are now sourcing new EVs from China, their first models built for and by the Chinese market. It’s a move that underscores China’s growing dominance in global electric vehicle manufacturing.

#EVs #ChinaAuto #Hyundai #Mazda #ElectricVehicles #CarNews #AutoTrends #MadeInChina

News

Terror on Cambridge train as nine injured in knife attack

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Published

8 hours ago

November 3, 2025

Ahron Young

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Nine people have been seriously injured after a violent stabbing spree on a train near Cambridge. Witnesses described scenes of panic as passengers scrambled for safety during the shocking incident.

Two men have been arrested, as British Transport Police—assisted by counterterrorism units—investigate the motives behind the attack. Armed officers reportedly tackled one suspect armed with a large knife as emergency services flooded the scene.

The attack has left the community shaken and authorities on high alert, with questions swirling about whether this was an act of terror or a random rampage.

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#CambridgeAttack #UKNews #BreakingNews #TrainStabbing #CounterTerrorism #PoliceResponse #CrimeAlert #TickerNews

News

Trump’s shock peace deal as Morocco and Algeria end fighting

Trump brokers historic peace between Morocco and Algeria; experts debate implications for Middle Eastern relations and global influence.

Published

8 hours ago

November 3, 2025

Ahron Young

Trump brokers historic peace between Morocco and Algeria; experts debate implications for Middle Eastern relations and global influence.

Donald Trump has once again stunned the world, this time brokering a historic peace agreement between Morocco and Algeria—with the backing of the United Nations. The move has many wondering whether the former U.S. president is reinventing himself as a global peacemaker.

Professor Tim Harcourt from UTS breaks down how Trump managed to secure the deal and what role the UN played in formalizing the agreement. Morocco’s vow to protect Jewish communities and strengthen ties with Israel adds another layer to this surprising diplomatic twist.

As Trump’s influence on global affairs grows, experts are debating whether this marks a genuine shift in Middle Eastern relations—or just a calculated political play on the global stage.
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#TrumpPeaceDeal #Morocco #Algeria #MiddleEast #Diplomacy #UN #Israel #TickerNews