Forex
Pres. Trump not looking to tap into the strategic petroleum reserve (SPR)

2026-03-05 17:59:00
Pres. Trump is saying that he is not looking to tap into the strategic petroleum reserve or SPR.
Trump’s Chief of Staff Susie Wiles is also reportedly telling his advisors to bring ideas to the Oval Office to lower gasoline prices in the wake of the US attack on Iran. This is according to Politico citing sources.
Some ideas:
- A temporary holiday on the gasoline tax
- Using the US military to defend energy infrastructure in the Middle East.
The implications from creating problems by solving problems.
A gallon of regular gas has moved up from $2.89 a month ago to $3.25 today. That is a rise of 12.5%



