Home / Industry / Energy /  Why is Biden tapping the strategic oil reserve, and will that lower gas prices?

The Biden administration said Tuesday that it would release 50 million barrels of oil from its Strategic Petroleum Reserve in a coordinated effort with other countries to bring down gasoline prices.

Recommended For You

Trending Stocks

Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout