In attempt to curb gas prices, Biden will release oil from emergency reserve

Oil refiners’ profits are double the usual margin at this time of year, and retailers are seeing profits 40% above normal

By: - October 19, 2022 9:40 am
Shell gas station pump

A customer pumps gas Shell gas station on April 1, 2022, in Houston, Texas. (Brandon Bell/Getty Images)

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Jacob Fischler
Jacob Fischler

Jacob covers federal policy as a senior reporter for States Newsroom. Based in Oregon, he focuses on Western issues. His coverage areas include climate, energy development, public lands and infrastructure.