The Biden administration says it's releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.
It costs a lot of money to store gasoline. Why would we keep paying for that when we could release it and pump a million less barrels out of the earth?
Tapping reserves means less pumping, not more burning.
It costs a lot of money to store gasoline. Why would we keep paying for that when we could release it and pump a million less barrels out of the earth?
Tapping reserves means less pumping, not more burning.