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U.S. releasing 172 million barrels of oil from reserve

Name: U.S. releasing 172 million barrels of oil from reserve
Uploaded: 2026-03-12T15:45:00-0400
Duration: 2 min 37 s
Description: The Trump administration announced Wednesday that it would release 172 million barrels of oil from the Strategic Petroleum Reserve. James Bikales, energy reporter for Politico, joins CBS News to discuss what impact that may have on gas prices.

The Trump administration announced Wednesday that it would release 172 million barrels of oil from the Strategic Petroleum Reserve. James Bikales, energy reporter for Politico, joins CBS News to discuss what impact that may have on gas prices.