Soaring energy prices and supply issues are leading to calls for the United States and other countries around the world to release more of their oil reserves.
Oil and natural gas prices continue to climb as Russian supplies are diminished in the wake of the country’s invasion of Ukraine.
North American oil prices jumped above $120 US per barrel on Monday, a sizable increase compared to $75 at the beginning of January and about $60 one year ago.
“There’s no cushion in the system as we get more interruptions from Russia,” said John Hess, the chief executive of Hess Corp., a New
