Watch CBSN Live

U.S. to release oil from nation's Strategic Petroleum Reserve

President Biden announced he will order the release of oil from the nation's Strategic Petroleum Reserve, part of a larger plan to address rising gas prices and their effect on the economy. CBS News' Skyler Henry reports and CBS MoneyWatch reporter Irina Ivanova explains down how this plan will affect the cost of gas moving forward.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.