Fighting gas prices, US to release 50 million barrels of oil
Fighting gas prices, US to release 50 million barrels of oil
By JOSH BOAK and COLLEEN LONG
WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including India, the United Kingdom and China.
The U.S. action is aimed at global energy markets, but also at U.S. voters who are coping with higher…
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