Reed among three Democratic US Senators calling on Biden to tap into diesel fuel reserve
WASHINGTON, D.C. (WLNE) — Sen. Jack Reed is one of several US Democratic Senators calling on President Biden to tap into the diesel fuel reserve to help combat inflation.
Reed is joined by Sens. Dick Blumenthal(CT) and Chris Van Hollen (MD) calling on Reed to ease the supply crunch by releasing fuel from the Northeast Home Heating Oil Reserve.
“As Putin’s war in Ukraine continues to push oil prices higher, and Big Oil continues to price gouge American consumers, we urge you to take further action to insulate Americans from rising prices, including tapping into the Northeast Home Heating Oil Reserve (NEHHOR),” wrote the senators in a letter to the president.
According to AAA, the average price for diesel is $5.56 per gallon nationwide and $6.30 per gallon in Rhode Island.
“These increased costs impact everyone – from the farmers who use diesel-powered machinery to the trucks that transport goods to the people who buy those products,” expressed the senators.
The last NEHHOR was last tapped in 2012 following Superstorm Sandy.