President Biden could release as much as 180 million barrels over the next six months, sources said.
, quoting two sources “familiar with the decision,” said the President’s move will be made to combat gasoline prices that have spiraled out of control since Russia invaded Ukraine in late February.reported. The war, which has reduced the Russian flow of oil, has sent global prices even higher.
Scoop: Biden admin is weighing a plan to release roughly A MILLION BARRELS OF OIL A DAY from U.S. reserves, for several months, to combat rising gasoline prices and supply shortages following Russia’s invasion of Ukraine, sources tell
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