Cool_老虎社区_美港股上老虎

Ahjennn
2021-11-23

Cool

House Democrats call for Biden to ban oil exports and tap emergency reserves

New York (CNN Business) - Nearly a dozen Congressional Democrats are urging President Joe Biden to c

House Democrats call for Biden to ban oil exports and tap emergency reserves

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":875874411,"tweetId":"875874411","gmtCreate":1637637154526,"gmtModify":1637637154666,"author":{"id":3577578440393201,"authorId":3577578440393201,"authorIdStr":"3577578440393201","name":"Ahjennn","avatar":"https://static.tigerbbs.com/6f889035f499e201d659d4e8e4b6671a","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":17,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Cool</p></body></html>","htmlText":"<html><head></head><body><p>Cool</p></body></html>","text":"Cool","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/875874411","repostId":1181870831,"repostType":4,"repost":{"id":"1181870831","pubTimestamp":1637636123,"share":"https://www.laohu8.com/m/news/1181870831?lang=&edition=full","pubTime":"2021-11-23 10:55","market":"fut","language":"en","title":"House Democrats call for Biden to ban oil exports and tap emergency reserves","url":"https://stock-news.laohu8.com/highlight/detail?id=1181870831","media":"CNN Business","summary":"New York (CNN Business) - Nearly a dozen Congressional Democrats are urging President Joe Biden to c","content":"<p><b>New York (CNN Business)</b>&nbsp;-&nbsp;Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing barrels from the US Strategic Petroleum Reserve but by banning US oil exports, according to a letter viewed by CNN.</p>\n<p>The letter sent Monday to Biden&nbsp;adds to the pressure the White House&nbsp;is facing even from its own party to lower&nbsp;prices at the pump&nbsp;that are angering Americans and contributing to the&nbsp;biggest inflation spike in decades.</p>\n<p>Calling the matter an \"urgent issue,\" House Democrats led by California Rep. Ro Khanna called for Biden to ensure \"affordable and reliable energy for American families.\"'</p>\n<p>\"We must use all tools at our disposal to bring down gasoline prices in the short term,\" reads the letter, which was also signed by eight other Democrats, including Reps. Barbara Lee, Katie Porter, Darren Soto and others. Senate Democrats sent Biden a similar letter earlier this month.</p>\n<p><b>'Not a panacea'</b></p>\n<p>Biden could be ready to use one of those tools as soon as Tuesday.</p>\n<p>Biden hopes to announce his decision to release oil from the SPR in an economic speech on Tuesday,officials told CNN.However, the timing of such a move is contingent on the other nations finalizing their agreements to do the same, officials said.</p>\n<p>The specter of the United States, and potentially other nations, releasing emergency barrels has already helped to lower oil prices. After topping $85 a barrel in late October, US oil prices have declined about 10%. That in turn has helped put a lid on surging gasoline prices. The national average is $3.41 a gallon, roughly flat with a week ago,according to AAA.</p>\n<p>\"Our primary responsibility is how do we bring the cost down for working class Americans,\" Khanna told CNN in a phone interview. \"This is something that people are upset about. We need to address that concern.\"</p>\n<p>However, even proponents of tapping the SPR acknowledge it isn't a long-term fix. It's more of a band-aid.</p>\n<p>That's because there is a finite amount of oil in emergency reserves. And releasing barrels won't solve the underlying supply-demand imbalance caused by surging demand amid the economic recovery and lackluster supply from OPEC, the United States and other major producers.</p>\n<p>\"It's not going to be a panacea. But we've got to do what we can,\" Khanna said in the interview.</p>\n<p><b>Would export ban help — or hurt?</b></p>\n<p>But the House Democrats suggest Biden should seriously consider the more dramatic step of banning oil exports -- even though multiple industry experts have warned such a step could backfire on US consumers.</p>\n<p>\"A ban on US crude oil exports will boost domestic supply and put downward pressure on prices for American families,\" the letter from House Democrats said.</p>\n<p>This idea has reached the top levels of the Biden administration. The soaring costs of gasoline so alarmed White House chief of staff Ron Klain at one point that he suggested taking the dramatic step of halting US oil exports to drive costs down, one official told CNN. Administration officials believe they could secure an agreement on a coordinated release that wouldn't require banning exports.</p>\n<p>However, Goldman Sachs told clients last month that an export ban would likely be \"counterproductive\" and have a \"likely bullish impact\" on retail fuel prices.</p>\n<p>That's because oil is a globally traded commodity and US gas prices are set by Brent, the world benchmark. If the world lost access to US barrels, Brent prices would likely rise due to less supply.</p>\n<p>And US oil refiners can't rely on domestic oil alone to produce the diesel, jet fuel and gasoline that the economy relies on. Refineries blend US oil with foreign barrels to churn out these products.</p>\n<p>Khanna cast doubt on the analysis from industry experts, arguing they could be conflicted in warning against oil export bans.</p>\n<p>\"It's a real stretch to argue that increasing domestic supply of a product is somehow bad for Americans,\" Khanna said.</p>\n<p>Yet even Mark Zandi, an economist frequently cited by the White House, is skeptical.</p>\n<p>\"I'm not a fan of banning oil exports,\" Zandi, the chief economist at Moody's Analytics, told CNN in an email. \"I doubt it will meaningfully lower gasoline prices, as the price of gas is largely determined by global oil prices and not the price of domestically produced oil. It is also unclear whether domestic refineries would be able to efficiently process the type of oil that the U.S. exports.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>House Democrats call for Biden to ban oil exports and tap emergency reserves</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHouse Democrats call for Biden to ban oil exports and tap emergency reserves\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/11/22/investing/gas-prices-oil-spr-export-ban-democrats/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing barrels from the US Strategic Petroleum Reserve but by ...</p>\n\n<a href=\"https://edition.cnn.com/2021/11/22/investing/gas-prices-oil-spr-export-ban-democrats/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/11/22/investing/gas-prices-oil-spr-export-ban-democrats/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181870831","content_text":"New York (CNN Business) - Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing barrels from the US Strategic Petroleum Reserve but by banning US oil exports, according to a letter viewed by CNN.\nThe letter sent Monday to Biden adds to the pressure the White House is facing even from its own party to lower prices at the pump that are angering Americans and contributing to the biggest inflation spike in decades.\nCalling the matter an \"urgent issue,\" House Democrats led by California Rep. Ro Khanna called for Biden to ensure \"affordable and reliable energy for American families.\"'\n\"We must use all tools at our disposal to bring down gasoline prices in the short term,\" reads the letter, which was also signed by eight other Democrats, including Reps. Barbara Lee, Katie Porter, Darren Soto and others. Senate Democrats sent Biden a similar letter earlier this month.\n'Not a panacea'\nBiden could be ready to use one of those tools as soon as Tuesday.\nBiden hopes to announce his decision to release oil from the SPR in an economic speech on Tuesday,officials told CNN.However, the timing of such a move is contingent on the other nations finalizing their agreements to do the same, officials said.\nThe specter of the United States, and potentially other nations, releasing emergency barrels has already helped to lower oil prices. After topping $85 a barrel in late October, US oil prices have declined about 10%. That in turn has helped put a lid on surging gasoline prices. The national average is $3.41 a gallon, roughly flat with a week ago,according to AAA.\n\"Our primary responsibility is how do we bring the cost down for working class Americans,\" Khanna told CNN in a phone interview. \"This is something that people are upset about. We need to address that concern.\"\nHowever, even proponents of tapping the SPR acknowledge it isn't a long-term fix. It's more of a band-aid.\nThat's because there is a finite amount of oil in emergency reserves. And releasing barrels won't solve the underlying supply-demand imbalance caused by surging demand amid the economic recovery and lackluster supply from OPEC, the United States and other major producers.\n\"It's not going to be a panacea. But we've got to do what we can,\" Khanna said in the interview.\nWould export ban help — or hurt?\nBut the House Democrats suggest Biden should seriously consider the more dramatic step of banning oil exports -- even though multiple industry experts have warned such a step could backfire on US consumers.\n\"A ban on US crude oil exports will boost domestic supply and put downward pressure on prices for American families,\" the letter from House Democrats said.\nThis idea has reached the top levels of the Biden administration. The soaring costs of gasoline so alarmed White House chief of staff Ron Klain at one point that he suggested taking the dramatic step of halting US oil exports to drive costs down, one official told CNN. Administration officials believe they could secure an agreement on a coordinated release that wouldn't require banning exports.\nHowever, Goldman Sachs told clients last month that an export ban would likely be \"counterproductive\" and have a \"likely bullish impact\" on retail fuel prices.\nThat's because oil is a globally traded commodity and US gas prices are set by Brent, the world benchmark. If the world lost access to US barrels, Brent prices would likely rise due to less supply.\nAnd US oil refiners can't rely on domestic oil alone to produce the diesel, jet fuel and gasoline that the economy relies on. Refineries blend US oil with foreign barrels to churn out these products.\nKhanna cast doubt on the analysis from industry experts, arguing they could be conflicted in warning against oil export bans.\n\"It's a real stretch to argue that increasing domestic supply of a product is somehow bad for Americans,\" Khanna said.\nYet even Mark Zandi, an economist frequently cited by the White House, is skeptical.\n\"I'm not a fan of banning oil exports,\" Zandi, the chief economist at Moody's Analytics, told CNN in an email. \"I doubt it will meaningfully lower gasoline prices, as the price of gas is largely determined by global oil prices and not the price of domestically produced oil. It is also unclear whether domestic refineries would be able to efficiently process the type of oil that the U.S. exports.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

House Democrats call for Biden to ban oil exports and tap emergency reserves

评论（1）

热议股票