Biden admin. to release 1M barrels of gas to lower prices at pumps this summer

Washington DC (UPI) May 22, 2024

The United States will release 1 million barrels of gasoline from a Northeast reserve into the commercial market, the Biden administration said, in an effort to keep prices low at U.S. pumps this summer. The barrels, representing some 42 million gallons of gasoline, are being released from the Northeast Gasoline Supply Reserve, the Department of Energy announced Tuesday. "The Bid