BREAKING NEWS

As gas prices rise, President Biden is said to be considering releasing a million barrels of oil a day from U.S. reserves, for up to 180 days.

Wednesday, March 30, 2022 9:44 PM EST

Mr. Biden could announce the plan to tap the reserves as soon as Thursday, according to a person familiar with the White House deliberations on the issue.

If fully enacted, the president's plan would release 180 million barrels from the reserve, which is intended to help the nation weather spikes in demand or drops in supply.

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