Biden taps US gas reserves as energy costs soar

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President Joe Biden orders release of 50 million barrels from US oil reserves in a coordinated international bid to ease rising energy prices

Biden has scrambled to reshape much of his economic agenda around the issue of inflation, saying that his recently passed $1 trillion infrastructure package will reduce price pressures.

Tuesday's move is aimed at global energy markets, but also at helping Americans cope with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel. "This coordinated action will help us deal with a lack of supply, which in turn helps ease prices," he said.

 

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Joe Biden and the DNC are fighting hard against oil and gas as energy sources and yet they are surprised when oil and gas prices are much higher so they then release from the strategic petroleum reserve = complete idiocracy.

Charity finally beginning at home. 👍 HoardingBlackmarketeeringNotASignOfFaith

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