The Biden administration is prepared to tap into America’s national diesel reserves to tame hovering prices amid a supply crunch, a White House spokeswoman stated Monday.
The Russian war against Ukraine and resulting monetary sanctions against Moscow have brought about gas costs to leap around the arena.
The issue, along with rising inflation, is a major challenge for President Joe Biden and his Democratic administration ahead of the midterm elections in November.
“We’re closely monitoring challenges to diesel supply and prices as a result of (President) Putin’s invasion” of Ukraine, White House press secretary Emilie Simons wrote on Twitter.
“An emergency declaration has been prepared for @POTUS to authorize a release from reserves if necessary.”
In the USA, the average fee for diesel, a vital fuel for agriculture and shipping companies, jumped over nine percent during the last month and as a whole lot as 75 percent, year on year.















