gas prices

Biden opens oil reserve to relieve high gas prices — but it won’t be immediate

BY: - November 25, 2021

As gasoline prices spiral ahead of the big holiday travel season, President Joe Biden authorized the release of a record 50 million barrels of oil from the Strategic Petroleum Reserve Tuesday — complicating his administration’s goal to transition to cleaner energy sources. In prepared remarks, Biden said he coordinated the release from the reserve, a complex […]