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In effort to lower prices, Biden admin releases 1M barrels of reserve gasoline

(The Hill) — The Biden administration is releasing about 1 million barrels of reserve gasoline supplies as part of an effort to bring down prices at the pump in the Northeastern U.S.

In a statement on the announcement, Energy Secretary Jennifer Granholm said Tuesday described the effort as “strategically releasing this reserve in between Memorial Day and July 4th.”

This is being done to make sure “sufficient supply flows to the tri-state and northeast at a time hardworking Americans need it the most,” she said.

“The Biden-Harris Administration is laser focused on lowering prices at the pump for American families, especially as drivers hit the road for summer driving season,” Granholm added. 

The full article is available at

(Story by Rachel Frazin, The Hill, found at

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