President Joe Biden taps into oil reserve for 6 months to control gas prices


WASHINGTON DC – President Joe Biden is ordering the release of 1 million barrels of oil a day from the nation’s Strategic Petroleum Reserve for six months, the White House announced Thursday, in an effort to control rising energy prices. soared as the United States and its allies imposed harsh sanctions on Russia for its invasion of Ukraine.

Biden made the official announcement later Thursday in remarks about his administration’s plans to tackle rising gas prices.

The White House said Biden would also ask Congress to impose financial sanctions on oil and gas companies that lease public land but do not produce energy.

The video featured above is from a previous report.

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