Biden announces unprecedented oil withdrawal from U.S. Strategic Petroleum Reserve to reduce gas prices
The U.S. will release 180 million barrels over the next six months in an effort to lower prices and put pressure on oil companies.
By Christian Elliott
Biden announces unprecedented oil withdrawal from U.S. Strategic Petroleum Reserve to reduce gas prices
The U.S. will release 180 million barrels over the next six months in an effort to lower prices and put pressure on oil companies.
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