USA First Reporting By
As 26 million barrels are planned for delivery over a three-month period starting on April 1, the Biden administration has started an unprecedented effort to deplete the country’s oil reserves, bringing the strategic stockpile of petroleum to its lowest level since 1983.
By releasing 26 million barrels from the Strategic Petroleum Reserve in compliance with two pieces of law signed by his predecessor’s administration, President Biden just made history. Due to a rise in gasoline consumption throughout the summer driving season, this unprecedented reduction is anticipated to help mitigate some future gas price rises.
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