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Stock impact report

Gas prices are falling — so why isn't Trump refilling the oil reserve faster? WH blames Biden-era ‘damage' [FOX News]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: FOX News
The Trump administration is in the midst of "gradually" refilling the nation's emergency reserve of oil after it was partially drained under the Biden administration. President Donald Trump and the White House have been touting falling energy and oil prices in recent months as Democrats realign their political messaging following their 2024 election losses, finding a winning strategy in knocking the Trump administration over "affordability" and cost-of-living concerns. Considering the administration is touting falling gas prices as they champion Trump's economic plans in the face of Democrat "affordability" pushback, Fox News Digital asked the White House Wednesday if the administration was taking steps to refill the Strategic Petroleum Reserve (SPR), which Trump pledged to do from the campaign trail and during inauguration. The Strategic Petroleum Reserve serves as the U.S.' emergency stash of oil that was established after the 1970s oil crisis and stored along the Gulf Coast Show less Read more
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