NorthIowaToday.com

Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Day: December 18, 2022

Business

Biden administration announces replenishment of oil reserves after earlier selling reserves to lower price of gasoline for Americans

WASHINGTON, D.C.— The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that it will start repurchasing crude oil for the Strategic Petroleum Reserve (SPR). This repurchase is an opportunity to secure a good deal for American taxpayers by repurchasing oil at a lower price than the $96 per barrel average price it was sold for.

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Obits

OBIT: Dallas Gene Jones

Dallas Gene Jones, 57, of Mason City, IA passed away on Wednesday, December 14, 2022, at his home after a lengthy illness.

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