No Decision Yet From Biden on Releasing Oil From SPR

The transcript discusses the US's communication with China, Japan, South Korea, and India regarding a coordinated release of emergency oil stockpiles. It also touches on the potential use of the 2015 budget bill to control oil exports and the US's consistent message to OPEC to meet global oil demand needs.

Which countries has the US been in contact with regarding the release of emergency oil stockpiles?

• China, Japan, South Korea, and India

• Russia, Brazil, and South Africa

• Canada, Mexico, and Australia

• Germany, France, and Italy

What authority is the US considering using to potentially limit or stop oil exports?

• The 2015 budget bill

• The 2020 energy act

• The 2018 trade agreement

• The 2019 environmental policy

What is the US's message to OPEC ahead of its December 2nd meeting?

• To increase oil prices

• To ensure adequate supply meets demand

• To reduce oil production

• To focus on renewable energy

What is the US's stance on the consistency of its message to OPEC?

• It should vary depending on the audience

• It should focus only on public statements

• It should be kept confidential

• It should be consistent both privately and publicly

What is the US's main concern regarding OPEC's actions?

• Meeting global demand with adequate supply

• Increasing oil prices

• Reducing oil exports

• Focusing on alternative energy sources