Biden’s pathetic oil release

Published May 29, 2024 9:39am ET



President Joe Biden announced the release of a million barrels of gasoline from government reserves on Tuesday in an effort he said would “lower prices at the pump when folks need it the most.”

Not only is the amount being released so infinitesimally small that it won’t have any effect on gas prices, but the sell-off of the reserve was mandated by Congress this March and has nothing to do with trying to lower gas prices.

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