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Tapping the U.S. Strategic Petroleum Reserve unlikely to reduce gasoline prices

oilfield prices

#oilfield #oilfieldlife #drilling #roughneck (Bloomberg) — A potential release from the U.S. Strategic Petroleum Reserve intended to bring down gasoline prices may have little effect, oil market participants warn, even as the Biden administration floats the idea as a way to provide immediate relief at the pump. U.S. President Joe Biden “is looking at” releasing […]