Biden administration may release a million barrels of oil daily from US reserves: report

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The Biden administration is mulling a plan to release millions of barrels of oil each day for a period of time from U.S. reserves amid high gasoline prices, according to a report.

Trucking Association of New York President Kendra Hems argues smaller carriers, which she says account for 91% of fleets across the country, are feeling the 'pinch' the most.is mulling a plan to release around a million barrels of oil each day for several months from U.S. reserves amid high gasoline prices, according to a report.

The plan, as reported by Bloomberg News, is an effort to relieve some inflation associated with rising gasoline prices and combat other supply shortages that partly stem from Russia's invasion of Ukraine.A White House official did not deny the report but refused to confirm it.

 

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You have to understand a problem before you can devise a viable solution.

idiots

Love the graphic. As if the current price of gas isn’t high enuff, Fox just raises it another dollar for the sake of truthiness 🦊

SPR RESERVES OF USA ALREADY DOWN TO 20 YEAR LOW. KEEP GOING.

USA Cases-------------Deaths 81,740,722------1,006,445 from the Trump Virus CA--9,097,279----88,997 TX--6,745,512-----87,759 FL--5,891,516-----73,138 NY--5,142,462-----68,475 PA--2,780,481-----44,260 OH--2,669,698----37,793 IL---3,066,645-----37,645 GA--2,496,503----36,923

Biden Another Wrong Decision ! That Oil Will Not Solve Your Mistakes ! Start Drilling & Pumping Again ! Mine The Coal ! More Nuclear Energy !! Long Term Solutions !! TrumpWasRightAboutEverything

What else would we expect from this feeble-minded buffoon to do because he couldn't run a lemonade stand.

Reserves - for when prices are too high because you stifle production. This is admin is incompetent

They are trying to consume everything we have to then push their agenda.

How about growing production a million+ barrels a day like 2020 production levels. Leave the strategic reserve alone. 2030-35 we’re in for a lithium shortage. What’s the plan then? This is a self induced Brandon F-up. One of many.

FAUX NEWS! Pure Putin Propaganda Sponsored by: FoxNews balanceofnature LibertyMutual NewDayUSA relieffactor USAA indeed Nutrisystem Progressive safelite Applebees ADT

So we’ll drain the reserves and the Democrats will still lose this fall.

They shouldn’t be touching the reserves. They are called “reserves” for a reason and this situation does not call for that intervention.

Then there will be shortage in USA and Canada, what nonsense

Why? THE DEMS have made it clear, the president does not control gas prices.

Stop releasing from the reserves. They are for emergency situations, not bringing prices down for future elections.

Deplete the stockpile and don’t refill it (like they did PPE supply during the Obama/Biden administration) and then make gas so expensive that us knuckle-draggers will be forced to take the bus.

Yes if it is needed to do so

Last time he did that it did nothing. Start drilling

Wasted reserves. Wont even see a blip on gas prices. Remember when Dems blocked Trump from filling the reserves when prices were at a historic low? I do.

We can just drill a million a day and keep our reserves

release the avocados! release the lumber! release the beer and smokes!

Good thing Trump built up the reserves while in office

And I MAY win the LOTTO this weekend lol

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