WASHINGTON, DC—Assistant Democratic Leader James E. Clyburn today issued the following statement on the Obama Administration's announcement to release some of the Strategic Petroleum Reserves.
“I applaud the Obama Administration’s announcement today that they will release 30 million barrels of oil from our Strategic Petroleum Reserves. This is welcome news for all Americans struggling with uncertain and, for many, unaffordable prices as the gas pump. By opening up the reserves, we can ensure a stable supply of oil and hopefully stave off wild fluctuations in gas prices while we are in the peak summer driving season.