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Biden Releases 15 Million More Barrels of Oil from Strategic Petroleum Reserve

HeadlineOct 20, 2022

President Biden said Wednesday he will release another 15 million barrels of oil from the U.S. Strategic Petroleum Reserve. Biden’s move comes just weeks ahead of November’s midterm elections, when Republicans hope to capitalize on discontent over soaring inflation rates and high energy prices.

President Joe Biden: “Gas prices have fallen every day in the last week. Let me repeat: Gas prices have come down, and they continue to come down again.”

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