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Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve

The New York Times · Clifford Krauss · last updated

The administration’s move has brought down gasoline prices. Some experts say continued withdrawals could test the nation’s energy security.

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Related Knowledge Center: Energy security and pricing

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The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.

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