CNN CNN Newsroom Live November 24, 2021 09:21:00
And it will take time, but before long you should see the price of gas drop where you fill up your tank. >> some are asking what is the strategic oil reserve. it is a back up oil supply owned by the u.s. government. it is designed to keep oil flowing if the commercial supply is disrupted. it was established in 1975 following an opec oil embargo, the spr can hold up to 714 million barrels along the gulf coast. john berman following the announcement was asked about concern that tapping the nation's oil reserves is a quick fix that rile doesn't address the bigger issue. >> this is a short term ...