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Majority Leader Schumer Statement On President Biden’s Strategic Petroleum Reserve Announcement

Washington, D.C.   Senate Majority Leader Chuck Schumer (D-NY) today released the following statement after the White House announced plans to tap into the Strategic Petroleum Reserve and lower prices at the pump across the United States. Senator Schumer had previously called on President Biden to utilize the reserve and provide immediate relief for Americans affected by OPEC driven high gas prices:

“President Biden’s announcement is good news for American families and will strengthen our economy. Tapping the SPR will provide much-needed temporary relief at the pump and will signal to OPEC that they cannot recklessly manipulate supply to artificially inflate gas prices. Of course, the only long term solution to rising gas prices is to continue our march to eliminate our dependence on fossil fuels and create a robust green energy economy.”