Will gas prices ease with Biden’s release from strategic reserve? Experts say it’s not enough

Written by on March 31, 2022

  • Biden tries to blunt report gasoline costs with launch of oil reserves.
  • One professional mentioned White Home ought to have launched extra reserves into the U.S. financial system.
  • A serious petroleum commerce group mentioned the transfer is “brief time period” repair.

President Joe Biden’s transfer to release up to 180 million barrels of oil from the nation’s emergency reserve is a step in the correct path to assist decrease record-high gasoline costs, petroleum specialists mentioned Thursday, but it’s likely not enough for customers to see reduction on the pump. 


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