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News • 4 months ago

Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump

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Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump

@return2ozma to

News • 4 months ago

The Biden administration says it's releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer

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@joekar1990
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1•4 months ago
Also if it’s crude then it still has to be refined into gasoline. That’s the real bottle neck that causes price ripples if there isn’t enough refinery capacity.

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