Lowering gas prices: President Biden releases 180M barrels of oil from strategic reserve
One ASU economist calls it a good start, but a temporary fix.
In this story aired March 31, 2022, on Fox 10 Phoenix:
That’s gonna be a drop in the bucket for the global supply. Therefore, I would expect we’re looking at something on the range of a few cents at best.
– Lee McPheters, research professor of economics and the director of the JPMorgan Chase Economic Outlook Center
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