![Washington Post editorial board calls out Biden: His actions on oil 'won't lower your gas prices'](https://static.foxnews.com/foxnews.com/content/uploads/2021/11/Joe-Biden-Cash-Bail.jpg)
Washington Post editorial board calls out Biden: His actions on oil 'won't lower your gas prices'
Fox News
The Washington Post editorial board called out President Biden's “oil-price two-step” as Americans face steeper prices at the pump going into Thanksgiving weekend.
Of the 50 million barrels, 32 million will be released but eventually returned to the Strategic Petroleum Reserve in the next few years, the White House said. The remaining 18 million barrels are part of a sale that Congress has already authorized; the White House said it was accelerating the release of that sale.
"The President stands ready to take additional action, if needed, and is prepared to use his full authorities working in coordination with the rest of the world to maintain adequate supply as we exit the pandemic," the White House said in a statement Tuesday.
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