Nearly a dozen Senate Democrats called on President Joe Biden on Monday to fight high gas prices by considering a release of barrels from the nation’s emergency oil stockpile, or even taking the more extreme step of banning oil exports.
In the letter, Senators Elizabeth Warren, Sherrod Brown, Jack Reed and others warned that the seven-year high in gas prices has “placed an undue burden on families and small businesses trying to make ends meet.” Continue reading “Senate Democrats urge Biden to consider tapping emergency oil reserves or even ban oil exports to fight high prices”