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Biden Administration Will Release 1 Million Barrels of Gasoline

21 May 2024
in Business
Biden Administration Will Release 1 Million Barrels of Gasoline
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The Biden administration is selling one million barrels of gasoline to keep prices low for consumers before July 4. The sale, mandated by Congress, will close a reserve in the Northeast by selling 100,000 barrels at a time. The move is unlikely to have a big impact on prices, as the US uses around 9 million barrels of gasoline daily.

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Tags: administrationBarrelsBidenGasolineMillionrelease
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