![]() President Biden is directing his Administration to take additional action to strengthen energy security, address the supply crunch, and lower costs.įirst, the Department of Energy (DOE) is issuing a Notice of Sale tomorrow morning for 15 million barrels from the Strategic Petroleum Reserve (SPR) to be delivered in December. According to an industry analyst, the most common price across the country today is $3.39. In fact, gas prices have fallen 15 out of the last 18 weeks. Gas prices fell at the fastest rate in over a decade this summer, with average prices down by about $1.15 per gallon since their peak in June – and just about 30 cents above levels on February 24, when the war in Ukraine began. President Biden is committed to doing everything in his power to respond to Putin’s Price Hike at the pump, and he is delivering. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””. ![]()
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