Biden Says More Oil Releases Possible to Cut Gasoline Prices (2)

President Joe Biden announced the drawdown of an additional 15 million barrels of oil from US emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.

“I told my team behind me to be prepared to look for further releases in the months ahead if needed,” Biden said Wednesday at the White House. “We’re gonna continue the responsible use of that national asset.”

The release marks the final tranche of oil from a program the administration began in the spring to issue a total of 180 million barrels of crude from ...