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Biden to release 180 million oil barrels to lower gas prices

President Joe Biden announced the largest-ever release of oil from the nation’s strategic reserves Thursday as part of the administration’s strategy to lower gas prices, which have faced escalatory pressure since Russia’s invasion of Ukraine last month. ... Read more»

Biden OKs release of 30M barrels of oil from Strategic Petroleum Reserve

President Joe Biden authorized on Tuesday the release of 30 million barrels of oil from the Strategic Petroleum Reserve, part of an international boost to the global oil supply that has been disrupted by Russia’s invasion of Ukraine.... Read more»

Arizona jobless rate continues steady decline, workforce keeps growing

Arizona’s unemployment rate continued its steady decline in October, falling to 5.2%, down a full percentage point from just two months earlier and almost one-third of the state’s pandemic high, according to the latest Bureau of Labor Statistics data. ... Read more»

To combat sky-high gas, energy prices, U.S. to tap oil reserves

President Joe Biden ordered the release of 50 million barrels of oil from America's emergency stockpile - the Strategic Petroleum Reserve - in response to soaring gas and energy prices, while his administration continues to grapple with historic rates of inflation.... Read more»