Biden taps oil reserve for 6 months to control surging gas prices

Name: Biden taps oil reserve for 6 months to control surging gas prices
Uploaded: 2022-03-31T13:51:00Z
Duration: 2 min 55 s
Description: President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, the White House said Thursday, in a bid to control energy prices that have spiked as the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine.

President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, the White House said Thursday, in a bid to control energy prices that have spiked as the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine.

Posted March 31, 2022 9:51am EDT