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3/31, 8:07 PM (Source: TeleTrader)
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Biden: Gasoline prices could fall 10-35 cents per gallon

United States President Joe Biden claimed on Thursday that gasoline prices in the country could fall between $0.10 and $0.35 per gallon as a result of the latest oil release from the nation's strategic reserve.

However, he warned that the specific effects of the new measure on gasoline prices are "unknown."

Speaking to reporters at the White House, Biden noted Washington's partners could release between 30 million and 50 million barrels per day, calling for the number to be as high as possible to further affect gasoline prices.

Baha Breaking News (BBN) / MS