Biden taps oil reserve for 6 months to control surging gas prices

President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, the White House said Thursday, in a bid to control energy prices that have spiked as the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine. Biden was to formally announce the release in remarks on his administration’s plans to combat rising gas prices.