On March 31st, 2022 Joe Biden announced the release of a staggering 180 million barrels of oil from the U.S.'s Strategic Petroleum Reserve in order to try and cool gas prices. Will it work? Has it been done before? And what is the Strategic Petroleum Reserve?

00:00 Intro
00:55 White House announcement
01:59 What is the Strategic Petroleum Reserve?
03:04 Why and when was the SPR established?
04:17 How often has the SPR been used in the past?
05:05 Will this bring down gas prices?

#strategicpetroleumreserves, #oil #gas prices

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