Domestic Output Archives

Biden Releases More Oil after OPEC Slashes Output

October 6, 2022 - 11:15 amOctober 6, 2022 - 10:10 am by Nick R. Hamilton

The Biden administration has moved to release more domestic oil after the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC) and its allies surprised global energy markets on Wednesday by agreeing to slash crude production by 2 million barrels per day (BPD).

US Oil Industry Fires Back at Biden after OPEC Snub: ‘WH Has One Option Left’

October 6, 2022 - 10:41 amOctober 6, 2022 - 9:10 am by David Hawkins

The U.S. Oil & Gas Association has fired back at Joe Biden after the Democrat president was snubbed by the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC).