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the good news is, yes, there is some help on the way. president biden announcing that 50 million barrel release from the strategic petroleum reserve, the biggest release in u.s. history. china, japan, other countries are apparently joining in on this. just the rumor of international intervention has already lowered oil prices. that, in turn, has put a lid on gas prices. the national average is down by a penny from a week ago. the bad news is none of the experts i'm talking to are expecting a dramatic increase in prices. that's because the president has limited power here. in many ways this feels more like a band-aid than a game-changer. big picture, this is good news the president is taking action, but i don't think it will live up to the hype. >> oil market is global. matt egan, thanks very much. joining us to talk about all the politics, ron brownstein,

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