Biden is planning to release up to 1 million barrels of oil a day from the strategic reserve, in an attempt to contain high gasoline prices and curb inflation exacerbated by the war in Ukraine.
The US president could announce that he is ordering the release as early as Thursday, when the White House has indicated Biden will speak about how he intends to lower petrol prices. The administration is reportedly considering extending the release for as long as six months, with a potential limit of 180m barrels drawn from the current national reserve of 568m barrels.
If you simply opened the pipeline from Canada and bought more Mexican oil everything here would revert!....we were energy independent under Trump with gas at $1.84 a gallon when he left!
The US president could announce that he is ordering the release as early as Thursday, when the White House has indicated Biden will speak about how he intends to lower petrol prices. The administration is reportedly considering extending the release for as long as six months, with a potential limit of 180m barrels drawn from the current national reserve of 568m barrels.
Biden to announce ‘largest release of oil reserves’ in effort to curb gasoline prices
President to release up to 1m barrels of oil a day from the strategic reserve for the next six months
www.google.com
If you simply opened the pipeline from Canada and bought more Mexican oil everything here would revert!....we were energy independent under Trump with gas at $1.84 a gallon when he left!