 | Biden to release 15 million barrels from US oil reserves to curb price hikeThe emergency oil reserves usually kept for situations such as shutdowns at oil refineries was Biden's gambit to calm markets and shield the world's biggest economy from Ukraine war shocks. |
 | Biden orders release of 1 million barrels of oil per day from US strategic reserve for 6 months to tame gas pricesThe underground salt caverns currently hold less than one month's worth of oil at current US consumption levels. |
