Skip to main content

White House sets its sights on true energy independence

One could make the case that the plan President Biden announced today to put one million additional barrels, from the nation’s Strategic Petroleum Reserve (SPR), on average—every day—for the next six months does not come as a huge surprise. And there is no reason for it to be surprising, given the significant run-up in gas and oil prices since the beginning of the Russia-Ukraine conflict, with freight transportation and supply chain stakeholders, as well as consumers, feeling tremendous pain at the pump. Case in point: this week marked the third straight week the average price per gallon of diesel topped the $5 per gallon mark, for the first time eve

source https://www.supplychain247.com/article/white_house_sets_its_sights_on_true_energy_independence

Comments

Post a Comment

Popular posts from this blog

How Rising Inflation is Disrupting the Electronics Components Supply Chain

The worldwide inflation trend is causing problems in the electronic components supply chain by making parts more expensive and harder to procure, but mitigation methods exist to help OEMs, CMs, and EMS providers overcome the new challenge. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_rising_inflation_is_disrupting_the_electronics_components_supply_chain
Post a Comment
Read more

CP heralds new proof of concept interline service in partnership with KCS

While Canadian Pacific Railway’s (CP) acquisition of Kansas City Southern (KCS) is not expected to be made official until the second half of this year, CP said this week that that companies are collaborating on an interline basis, having rolled out what it said is the first dedicated intermodal train. This train runs between Lázaro Cárdenas and the U.S. Midwest. CP officials said that the impetus for this train was driven by the need to avoid excessive delays “due to the unprecedented and ongoing supply chain challenges affecting North America's West Coast.” source https://www.supplychain247.com/article/cp_heralds_new_proof_of_concept_interline_service_in_partnership_with_kcs
Post a Comment
Read more