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Political and Legislative

Schumer Urges Biden to Use Emergency Oil Reserves to Lower Gas Prices

Senate Majority Leader Charles Schumer (D-N.Y) urged the Biden administration on Sunday to make use of emergency petroleum reserves in an effort to lower gas prices ahead of the holiday season. 

“We’re here today because we need immediate relief at the gas pump and the place to look is the Strategic Petroleum Reserve,” Schumer said during a press conference in New York on Sunday, according to Reuters

“No industry is spared. But fuel gasoline is the worst of all,” Schumer said of the ongoing supply chain disruptions. “Let’s get the price of gas down right now. And this will do it.”

Read the source article at The Hill

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