Tweet - "Putin's invasion of Ukraine has driven up gas prices and food prices all over the world. 70% of the increase in prices in March came from the Putin Price Hike. I'm doing everything I can to bring down prices and address the Putin Price Hike."

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Date: April 12, 2022
Issues: Energy

"Putin's invasion of Ukraine has driven up gas prices and food prices all over the world. 70% of the increase in prices in March came from the Putin Price Hike.

I'm doing everything I can to bring down prices and address the Putin Price Hike.

To help deal with this Putin Price Hike, I authorized the release of 1 million barrels per day for the next 6 months from our Strategic Petroleum Reserve -- and over 30 countries agreed to release 60 million additional barrels.

This is the largest collective release in history.

That helped stop a run up in oil prices and has begun to bring those prices down as a result of countries acting together to release reserves.

And Americans should be seeing the savings."

@POTUS


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