A group of 10 bicameral Democrats urged President Joe Biden to tap further into the Strategic Petroleum Reserve (SPR) amid the ongoing crisis in Ukraine.
The Democrats, led by Senate Armed Services Committee Chair Jack Reed, urged Biden to take the action to avert increased U.S. gasoline prices, according to the letter. Oil prices, which determine pump prices, surged worldwide on Thursday as Russia invaded Ukraine, sending uncertainty through the global energy market which Russian state-owned producers dominate.
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