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President Joe Biden speaks about his administration’s plans to combat rising gas prices in the South Court Auditorium on the White House campus, Thursday, March 31, 2022, in Washington.

Patrick Semansky

Money Politics

Biden announces unprecedented oil withdrawal from U.S. Strategic Petroleum Reserve to reduce gas prices

By  Christian Elliott
   

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President Joe Biden’s announcement Thursday comes as gas prices continue to soar in Chicago and across the U.S.

To find out how the move will affect prices here, Reset checks in with oil market expert Patrick De Haan.

GUEST: Patrick De Haan, head of petroleum analysis at GasBuddy

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