25-05-2022, 08:37 AM
By Chris Rosato
Published: May. 25, 2022 at 5:45 AM GMT+8|Updated: 2 hours ago
BATON ROUGE, La. (WAFB) - The price of gas across the country has hit a record-breaking average of US$4.60 per gallon. On Tuesday, May 24, U.S. Secretary of Energy Jennifer Granholm visited a strategic petroleum plant in Plaquemine to talk about why gas prices continue to climb.
“A number of things are happening around the globe, obviously Russia’s invasion of Ukraine. Russia has been a major exporter of oil,” said Granholm.
Putting the blame largely on Russia for the price hikes, she announced her and the president’s plan to lower the cost at the pump.
“The President has decided that he’s going to use the biggest tool in our arsenal, which is the strategic petroleum reserve, to release one million barrels per day for the next six months, so that we can do our part to stabilize the mismatch of supply and demand globally,” Granholm continued.
https://www.wafb.com/2022/05/24/biden-ad...-reserves/
Published: May. 25, 2022 at 5:45 AM GMT+8|Updated: 2 hours ago
BATON ROUGE, La. (WAFB) - The price of gas across the country has hit a record-breaking average of US$4.60 per gallon. On Tuesday, May 24, U.S. Secretary of Energy Jennifer Granholm visited a strategic petroleum plant in Plaquemine to talk about why gas prices continue to climb.
“A number of things are happening around the globe, obviously Russia’s invasion of Ukraine. Russia has been a major exporter of oil,” said Granholm.
Putting the blame largely on Russia for the price hikes, she announced her and the president’s plan to lower the cost at the pump.
“The President has decided that he’s going to use the biggest tool in our arsenal, which is the strategic petroleum reserve, to release one million barrels per day for the next six months, so that we can do our part to stabilize the mismatch of supply and demand globally,” Granholm continued.
https://www.wafb.com/2022/05/24/biden-ad...-reserves/