Gasoline Reserves Depletion Sparks Controversy Among Politicians – Biden’s Move Examined
Washington D.C. – The Biden administration made the decision on Tuesday to auction off 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve, part of the Strategic Petroleum Reserve, established in 2014 after the gasoline supply disruption caused by Superstorm Sandy in New York City. This move is intended to keep gas prices low during the upcoming summer driving season, which coincides with the looming November elections. Energy Secretary Jennifer Granholm emphasized the …