11/23/2021- 9:04 a.m.
FUEL CRISIS FEUD: US Rallies Allies for Strategic Oil Release
President Joe Biden has leant on the likes of China, India, Japan and South Korea to make a co-ordinated effort to release strategic petroleum reserves. (CBS)
The announcement comes as the Biden admin feels the heat over soaring gas prices, while American homes battle to afford heating ahead of the winter holiday season. Reports this week saw a 33% rise in the price of firewood as citizens take alternative measures.
The oil reserve move will likely pit Washington against OPEC nations – including Russia and Saudi Arabia.
Temporary relief at US gas pumps to give Joe a jump in the polls this Christmas?
