Over the next six months, 1 million barrels of oil will be delivered to the market every day.

The U.S. Department of Energy announced the conclusion of contracts for the supply of the first 30 million barrels of oil put up for sale by the United States government from the strategic state reserve. Over the next six months, 1 million barrels of oil will be supplied to the market every day. This is stated in a statement by White House Press Secretary Jen Psaki.

“President Biden is using all the tools at his disposal to fight Putin’s price hikes,” the statement said. – These deliveries will continue. And thanks to round-the-clock diplomatic efforts, our partners and allies have committed themselves to release an additional 60 million barrels.”

Psaki noted that the sale of oil from the U.S. strategic reserve is only one of the tools that the Biden administration has used to reduce the cost of energy resources for ordinary Americans. Last week, the president announced that his administration plans to allow the sale of E15 gasoline in all parts of the country this summer so that Americans have access to more choice and lower prices, recalled Jen Psaki.

“The administration continues to work towards achieving real energy independence by rapidly reducing our dependence on oil, including this week’s announcement of critical investments in clean energy,” the statement said.