World Biden to Tap Into U.S. Oil Reserves to Combat Rising Gas Prices November 23, 2021November 23, 2021Zolan Kanno-Youngs and Stanley ReedComments Off on Biden to Tap Into U.S. Oil Reserves to Combat Rising Gas Prices In an attempt to reduce energy prices, the U.S. will release 50 million barrels of crude. Five other nations also will dip into stockpiles.