The Shocking Truth Behind Rising Gas Prices newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Congress is poised to sell off a 1 million barrel emergency cache of gasoline created in the aftermath of Hurricane Sandy amid questions about the reserve’s usefulness.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flight
Congressional Republicans and Democrats have introduced legislation in both houses of Congres to sell a million-barrel gasoline reserve in the Northeast. Oil's days as the leading transport fuel are numbered though.