Amid Strong Demand, and Supply Bottlenecks and Shortages, President Biden and Other World Leaders Tap Strategic Oil Reserves in Attempt to Push Gas Prices Down

By Craig Erwin, Ph.D. Inflation is a concern both here and abroad as big demand leads to labor & parts shortages and record price increases. Biden & other world leaders tapped strategic oil reserves to drive gas prices down, but strong demand, persistent shortages & bottlenecks make it challenging. For more information on the economy, … Continue reading Amid Strong Demand, and Supply Bottlenecks and Shortages, President Biden and Other World Leaders Tap Strategic Oil Reserves in Attempt to Push Gas Prices Down