Biden administration to release 50M barrels of oil from SPR to combat rising gas prices
The national average for gas prices has leveled off around $3.41 per gallon, according to AAA. That's up $1.29 over last year at this time and about $0.81 over 2019 prices, according to AAA. Today, the White House announced it's tapping the Strategic Petroleum Reserve (SPR) in an effort to provide consumers relief from rising gas prices.
Tue, Nov 23 20216:21 PM EST