. Biden to Draw Down Oil Reserves In Bid To Ease Gas Prices « JO LEE MAGAZINE

The Wall Street Journal – President Biden will tap up to 180 million barrels of government oil reserves to help tamp down near-record high fuel prices, an unprecedented government intervention into oil markets following Russia’s invasion of Ukraine.

In remarks from the White House Thursday, Mr. Biden framed high energy prices as a wartime issue that requires a robust and wide-ranging response. The oil release—about 1 million barrels a day for six months starting in May…

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