White House press secretary Jen Psaki on Tuesday outlined three steps that President Joe Biden is taking to address rising gas prices. This comes as consumers deal with increased costs at the pump. A year ago regular gas prices averaged $2.469 per gallon, while Americans were shelling out $3.469 as of Wednesday. Psaki said at a press briefing that the first measure is that Washington is talking with oil-producing nations to boost the oil supplies while also negotiating with oil-consuming countries about releases from strategic reserves. The second point focussed release of oil reserves in the United States. “We’ve already announced a historic release from the strategic petroleum reserve last fall 40—of 50 million barrels,” Psaki said. “Forty million barrels of those barrels are contracted for delivery, including 13 million that we just released in January.” She claimed that the 10 cents decline on a gallon of gas that took place during …
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