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Schumer Demands Trump Tap Emergency Oil Reserves

On Sunday, Senate Minority Leader Chuck Schumer demanded President Donald Trump tap the Strategic Petroleum Reserve, saying it could stabilize markets hit by the Iran war.
The Strait of Hormuz shutdown has removed about a fifth of the world's oil supply, disrupting shipments between the Persian Gulf and the Arabian Sea.
A White House spokeswoman told TNND on Monday that the president has 'unleashed American energy dominance', despite the Department of Energy indicating it will not yet tap the reserves.
Schumer said the U.S. can act but President Trump is refusing, urging release from the SPR to bring prices down for American families.
Reported Monday by The National News Desk from Hunt Valley, Md., the dispute involves Senate Minority Leader Chuck Schumer demanding President Donald Trump tap emergency oil reserves, with the White House and Department of Energy responding.

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19 Articles

KATU

+10 Reposted by 10 other sources

Center

Schumer demands Trump tap emergency oil reserves

Senate Minority Leader Chuck Schumer said in a statement that selling the Strategic Petroleum Reserve's oil could stabilize markets affected by the Iran war.

3 hours ago·Portland, United States

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The Epoch Times

Lean Right

Schumer Calls on Trump to Release Oil Reserves as Iran War Sends Prices Surging

Senate Minority Leader Chuck Schumer (D-N.Y.) on March 8 called on President Donald Trump to release oil from the nation’s Strategic Petroleum Reserve, saying the ongoing U.S. military conflict with Iran is driving up gas prices for American families and that the administration has the tools to act. America’s Strategic Petroleum Reserve was created following the 1970s Arab oil embargo to store oil that could be accessed in an emergency. Former P…

4 hours ago·New York, United States

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Slay News

Far Right

Chuck Schumer Demands Trump Tap Oil Reserve After Previously Blocking Effort to Refill It

Senate Minority Leader Chuck Schumer (D-NY) is demanding that President Donald Trump release oil from the nation’s Strategic Petroleum Reserve (SPR) as global energy prices surge.

7 hours ago·North Carolina, United States

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RedState

Right

Hypocritical Dem Leader Blocked SPR Fill at $29 - Now Demands Opening the Taps

Senator Schumer blocked filling the SPR at $29 but now demands releasing oil amid high prices.

7 hours ago·Washington, United States

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Fox News

Right

Schumer once blocked Trump's move to fill the nation's oil reserves, now he wants them opened

Senate Minority Leader Chuck Schumer, D-N.Y., demanded that President Donald Trump release oil reserves as fuel prices skyrocket since the conflict in Iran began.

7 hours ago·New York, United States

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