Biden expresses disappointment over OPEC+ oil-production cut
President Joe Biden"is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin's invasion of Ukraine," said a White House statement on Wednesday from National Security Adviser Jake Sullivan and top economic adviser Brian Deese.
In addition, the statement said Biden will continue to direct Strategic Petroleum Reserves releases"as appropriate to protect American consumers and promote energy security," and he is directing the Energy Department's secretary to"explore any additional responsible actions to continue increasing domestic production in the immediate term.
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