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Biden may soon put a floor on sinking oil prices. That’s good for our energy stocks

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US President Joe Biden announces that the United States will be releasing a record amount of oil from the US strategic oil reserves to help bring down the cost of oil in the South Court Auditorium, next to the White House, in Washington, DC, on March 31, 2022.

Nicholas Kamm | AFP | Getty Images

Source: CNBC

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