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NBC News
Biden announces release of one million barrels of oil per day from strategic reserve
Catch up with NBC News Clone on today's hot topic: Biden Announces Release Of One Million Barrels Of Oil Per Day From Strategic Reserve 136682565607 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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President Biden announced that one million barrels of oil will be released from the strategic reserve a day to combat the high cost of gas in the U.S. The president also discussed a "use it or lose it" policy to encourage oil companies to increase production on unused federal land leases.March 31, 2022