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NBC News

Biden announces release of one million barrels of oil per day from strategic reserve

This version of Biden Announces Release Of One Million Barrels Of Oil Per Day From Strategic Reserve 136682565607 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.

01:45

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.

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