Prez Biden authorizes release of one million barrels to manage increase in gas prices

United States: The President of the United States of America, Joe Biden, has authorized the release of one million barrels which is the largest release in history, and this will support relieving the pain of the Putin Price Hike. 

The gas prices in the USA have been increasing gradually from the start of Russia’s full-scale military operation in Ukraine. The majority of the nations have been suffering from this issue, and there are only some of the country that has managed to cope with this condition.  

Moreover, the President has mentioned on his Twitter account, “I know folks are struggling with higher gas prices. It’s why I’ve authorized the release of one million barrels a day and coordinated our release with allies and partners around the world. It’s the largest release in history and should help ease the pain of the Putin Price Hike.”

I know folks are struggling with higher gas prices. It’s why I’ve authorized the release of one million barrels a day and coordinated our release with allies and partners around the world.

It’s the largest release in history and should help ease the pain of the Putin Price Hike.

— President Biden (@POTUS) April 27, 2022

On the Twitter post of Joe Bidden (@POTUS), some of the people commented related to their views and thoughts, Angela Belcamino mentioned, “I speak for ALL when I say your handling of this has been masterful.”

Further, the other one suggested, “Keeping workers remote would limit gas usage and be better for the environment.”

Along with this, the current average price of the gas has been reported as Regular- $4.134, Mid-Grade-$4.522, Premium-$4.805, Diesel- $5.093, E85- $3.589 in contrary to the yesterday’s average gas price which has been noticed as Regular- $4.131, Mid-Grade-$4.517, Premium-$4.803, Diesel- $5.081, E85- $3.581. 

On the other hand, the week ago’s average price has been recorded as Regular- $4.114, Mid-Grade-$4.502, Premium-$4.786, Diesel- $5.056, E85- $3.568. 

Meanwhile, the price of the gas in the US, month’s and year’s ago, has been shown in the reports as, Regular- $4.244, $2.885 Mid-Grade-$4.634, $3.221, Premium-$4.913, $3.492, Diesel- $5.117, $3.079, E85-$3.694, $2.453.