The US Congress House of Representatives has passed a bill limiting President Joe Biden’s power to extract oil from the state’s strategic reserves.TASSReferring to the broadcast of the C-SPAN TV channel.
It was reported that 221 congressmen voted in favor of the initiative, while 205 opposed it. Journalists report that the vote was split mostly on the basis of party affiliation: the initiative was backed by Republicans, who hold the majority of seats in the House of Representatives.
According to the innovation, the current US president will be able to use the oil in the strategic reserve only if he gives permission to increase energy production.
formerly Bloomberg WroteHe said the Biden administration was opposed to lowering the ceiling price for Russian oil, despite the desire of some European countries to further cut “Russia’s revenues.”
Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.