Didn’t he do this before and gas companies just kept gouging anyway?
I always feel bad for Presidents when they do this. It has zero effect on the supply at a high level or the cost at the pump. The reason they do it is so the news covers the Administration doing something and people see that coverage. The fact of the matter is that the President cannot meaningfully act in a manner that lowers the price of gas to consumers.
The United States consumed an average of 20.01 million barrels of petroleum per day in 2022…
“By strategically releasing this reserve in between Memorial Day and July 4th, we are ensuring sufficient supply flows to the tri-state (area) and Northeast at a time hardworking Americans need it the most.”
What about the rest of the country?
Tell Congress to mandate other ones like they did with this reserve.
deleted by creator
