President Joe Biden will speak about gasoline prices on Wednesday, the White House said, as his administration is reportedly moving toward a release of at least another 10 million to 15 million barrels of oil from the U.S. Strategic Petroleum Reserve. Bloomberg News and others report that such a release would be the latest in a 180-million-barrel program that began in the spring. White House chief of staff Ron Klain said in a tweet on Tuesday that Biden would speak on the subject “tomorrow,” but offered no further details. Analysts, meanwhile, don’t expect an SPR release to lead to a significant fall in gasoline prices at the pump, MarketWatch reports.
US Tech forecast: the index hit a new all-time high
The US Tech index continues its long growth streak and has reached a new all-time high. The US Tech forecast for next week is positive.