Biden Opens Oil Reserves in Attempt to Cut Gas Prices
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
For the estimated 55 million Americans that will hit the road this Thanksgiving, this story might sting.
The Biden administration on Tuesday announced 50 million gallons of crude will flow from the government's Strategic Petroleum Reserve in a move the president says will get sky-high gas prices down as Americans travel far and wide to eat with family and friends. But the conversation around the table may still be the high cost of getting there, because the oil dump could be too little, too late.
Source Fool.com
