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News@lemmy.world · 6 months ago

Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump

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Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump

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News@lemmy.world · 6 months ago

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The Biden administration says it's 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

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6 months ago
He’s also opened more reserves than any President in recent history, while big oil is producing record amounts, during a period of reduced demand.

The prices at the pumps are not controlled by the President, but regionally determined by NACS.

https://www.convenience.org/Media/conveniencecorner/Does-the-President-Control-Gas-Prices

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