Biden to release one-third of U.S. oil reserves to combat inflation, lower gas prices

President Biden announced he will release 1 million barrels of oil from the Strategic Petroleum Reserve every day through October to combat rising gas prices and inflation. Analysts say this will result in a moderate drop in prices ahead of increased summer demand. CBS News transportation correspondent Errol Barnett reports from Maryland.
 •  0 comments  •  flag
Share on Twitter
Published on April 05, 2022 21:34
No comments have been added yet.


Larry E. Swedroe's Blog

Larry E. Swedroe
Larry E. Swedroe isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.
Follow Larry E. Swedroe's blog with rss.