Biden Says Gas Prices Could Fall by 35-Cents Per Gallon

The transcript discusses the potential impact of a government announcement on gas prices, noting that prices may decrease due to the release of oil reserves. However, the exact timing and extent of the reduction are uncertain due to factors like existing gas station inventories. The reduction could range from $0.10 to $0.35 per gallon. The role of international allies in releasing oil reserves is also highlighted as a factor that could influence prices.

What role do allies play in the context of gas price changes?

What is the significance of the number of barrels released by allies?