President Biden Tapping Oil Reserve For 6 Months To Control Gas Prices

The video discusses the release of 1,000,000 barrels of oil per day from the Strategic Petroleum Reserve to lower gas prices. This release, the largest in history, will last six months. The White House is coordinating with unspecified partners. An exit plan is in place to replenish the reserve when oil prices decrease.

What is the daily amount of oil being released from the Strategic Oil Reserve?

How long will the oil release plan stay in place according to the administration?

What is the significance of this oil release in terms of its historical context?

What does the White House say about the coordination of this oil release?

What is the planned action regarding the Strategic Petroleum Reserve when oil prices come down?