US EditionBiden is releasing 1 million barrels of gasoline from a Northeast reserve in a bid to lower prices at the pump
- The Biden administration is releasing 1 million barrels of gasoline from a Northeast reserve to lower prices at the pump this summer.
- This action aims to decrease costs for American families and consumers, with a competitive bidding process to ensure fair prices.
- Energy Secretary Jennifer Granholm stated that the release will guarantee adequate supply in the tri-state area and Northeast during a critical period.
132 Articles
132 Articles
The president of the nation is betting on the release of one million barrels of gasoline in an effort to try to lower the price of fuel and, incidentally, avoid the rise of inflation.
Biden releasing gasoline from reserve in bid to lower prices
Washington — The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.The sale, from storage sites in New Jersey and Maine, will be allocated in increments of 100,000 barrels at a time. The approach will create a competitive bidding process that ensures gasoline can flow into local retailers ahead of the July 4 …
Biden to sell off 1 million barrels from US gasoline reserves in desperate attempt to lower gas prices
"The Biden-Harris Administration is laser focused on lowering prices at the pump for American families, especially as drivers hit the road for summer driving season."
Biden Again Releasing Millions of Barrels from Oil Reserves in Attempt to Lower Gas Prices › American Greatness
On Tuesday, the Biden Administration announced that it will be releasing another 1 million barrels of oil from a reserve in the Northeast, in yet another effort…
The US government releases 4.7 million barrels of oil from strategic reserves on July 4th to reduce the price of gasoline for Americans. The Energy Ministry's decision takes the reserve from non-OPEC countries and subsequently closes it.
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