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
Also if it’s crude then it still has to be refined into gasoline. That’s the real bottle neck that causes price ripples if there isn’t enough refinery capacity.
Also if it’s crude then it still has to be refined into gasoline. That’s the real bottle neck that causes price ripples if there isn’t enough refinery capacity.