On March 31, 2022, President Biden issued Presidential Determination No. 2022-11, directing the Secretary of Defense, pursuant to Section 303 of the Defense Production Act of 1950 (“DPA”), to take measures to improve the...more
On March 31, to address rising energy prices in the U.S. and globally, the Biden administration announced a record release from the Strategic Petroleum Reserve, of roughly one million barrels per day, every day for the next...more