Saturday, July 2, 2022

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HomeVideoBiden taps U.S. oil reserves to counter rising gas prices

Biden taps U.S. oil reserves to counter rising gas prices


President Biden announced a historic effort to lower gas prices that have skyrocketed since Russia invaded Ukraine. He said the administration would release 180 million barrels of oil from the Strategic Petroleum Reserve over the next six months. At one million barrels per day, that is the largest release in U.S. history. Patrick De Haan, founder of GasBuddy, joins Lisa Desjardins to discuss.

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