Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

[Lucia Kassai]

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

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[BIG R GUY]

Why would they do that? Thought everyone was EV crazy? Buying Musk Melon Sedans, and Ugly Stainless Steel Flash Gordon Dune Buggies?