Biden to announce release of oil reserves as part of effort to lower gas prices

Biden to announce release of oil reserves as part of effort to lower gas prices

This post was originally published on this sitePresident Joe Biden on Tuesday will announce the Department of Energy will release 50 million barrels of oil from the Strategic Petroleum Reserve as part of an effort to lower high gas prices and address the lack of oil supply around the world.

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Biden administration to release 50 million barrels of oil from strategic reserve

Biden administration to release 50 million barrels of oil from strategic reserve

This post was originally published on this siteThe Department of Energy will release 50 million barrels of oil from the nation’s Strategic Petroleum Reserve, the White House announced Tuesday, as the Biden administration seeks ways to control rising costs at the pump.Of the 50 million…

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