the white house announced it is releasing oil from the nation's strategic petroleum verve. joining us now, member of the white house council economic advisers heather boucher. good morning, a lot to talk about. let's talk about the breaking news, united states working in concert with china, japan, india, south korea to tap into its reserves to bring down gas prices. >> as we were just talking about, we know gas prices going up for american families and one way to deal with this is to make sure that there is oil available. so this is where the department of energy is going to be releasing 50 billion barrels of oil into the market in order to help contain costs, and doing this in concert with a number of allies as you mentioned and also the united kingdom and the purpose here is to reduce prices at the pump. and since the stories who have