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Biden bets a million barrels a day will drive down soaring gas prices – what you need to know about the Strategic Petroleum Reserve

  • Written by Scott L. Montgomery, Lecturer, Jackson School of International Studies, University of Washington
Biden bets a million barrels a day will drive down soaring gas prices – what you need to know about the Strategic Petroleum ReserveSeveral sites, such as this one near Freeport, Texas, store the hundreds of million of barrels in the United States' Strategic Petroleum Reserve. Department of Energy via AP

The Biden administration on March 31, 2022, said it plans to release an unprecedented 180 million barrels of oil from the U.S. Strategic Petroleum Reserve to combat the recent...

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