Re:The Arctic Is Warming Four Times Faster Than the Rest of ...
by fallingknife on Tuesday December 14, 2021 @02:41PM
(#29556410)
This would be the opposite of a subsidy as it lowers the market price and will actually lower the profits of oil producers.
> Today, the President is announcing that the Department of Energy will make available releases of 50 million barrels of oil from the Strategic Petroleum Reserve to lower prices for Americans and address the mismatch between demand exiting the pandemic and supply.
https://www.whitehouse.gov/briefing-room/statements-releases...