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International Business Times

AFP News

US To Sell Off Strategic Gasoline Reserves In Northeast

United States Joe Biden Department of Energy Jennifer Granholm the Department of Energy

The Biden administration (US Energy Secretary Jennifer Granholm is seen here) said the move would lower gas prices (Credit: AFP)

The US Department of Energy announced Tuesday that it will sell off a million barrels of gasoline from a small strategic reserve in the northeast, paving the way for its closure.

The administration of President Joe Biden painted the move as one that would lower gas prices ahead of the summer season, when millions of Americans travel the country by car.

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