Biden seeks to lower gas prices by releasing oil from the Strategic Petroleum Reserve

Shell station
(Image credit: Justin Sullivan/Getty Images)

The United States will release 50 million barrels of oil from the Strategic Petroleum Reserve in a bid to lower gas prices, the White House has announced.

The White House said Tuesday the Department of Energy will take this step as President Biden seeks to use "every tool available" to help Americans who are feeling "the impact of elevated gas prices at the pump and in their home heating bills." The releases will happen in parallel with China, India, Japan, the Republic of Korea, and the United Kingdom.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.