© Xinhua
U.S.-OIL RESERVE-RELEASE
WASHINGTON (77WABC) — The White House announced Tuesday that the Department of Energy will sell 20 million more barrels of oil from the Strategic Petroleum Reserve to lower gas prices.
This makes the fifth such sale that President Biden has authorized. The White House continued to blame “disruptions posed by Russia’s invasion” for high gas prices.
Republicans slammed the White House after previous sales from the Strategic Petroleum Reserve after it was made known that millions of barrels were being sent to European and Asian countries, including China. The average of a gallon of gas stood at $4.32 Tuesday compared to record prices averaging more than $5 in June.
When Biden took office gas was $2.39 a gallon.
