The heads of some of the largest oil companies are on Capitol Hill today, getting grilled about rising gas prices. Lawmakers are trying to find answers as to why Americans are paying so much at the gas pump and why prices haven’t fallen much despite the government releasing one million barrels a day from the strategic petroleum reserve.
President Joe Biden says the U.S. plans to release one million barrels a day from the strategic petroleum reserves to lower gas prices. Dozens of other countries are meeting today to discuss doing that as well.
The White House is taking action for the millions of Americans feeling the pain at the pump. President Joe Biden announced a plan to release a million barrels of oil a day from the country’s strategic oil reserves.
Prices at the pump are seeing some relief in the Midlands.
President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices.
COLUMBIA, SC (WOLO)– Prices at the pump are down again as we start the work week in the Midlands. According to AAA, the average for gas in South Carolina is now at $3.94 a gallon. That is down from last week nearly a nickel. The national average stands at $4.25 a gallon. Categories: Local News Tags: Gas Prices
COLUMBIA, SC (WOLO)– Prices at the pump are up and down in the Midlands. According to Gas Buddy, in Columbia and surrounding counties, drivers are paying an average $3.86 a gallon. That is up from earlier in the week, but still nearly seven cents lower than a week ago. After hitting a record high $4.33 a gallon back on March…
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On the national front, some states are stepping in to help drivers facing steep gas prices.
Prices at the pump are slowly falling in the Palmetto State.
