President Trump signaled on Wednesday that he plans to tap into the US Strategic Petroleum Reserve in an effort to bring down rising gas prices.
“I filled it up once, and I’ll fill it up again, but right now, we’ll reduce it a little bit, and that brings the prices down,” Trump said during an interview with Local 12 in Kentucky.
The president shrugged off rising gas prices as a “matter of war” earlier in the day and expressed confidence the market would settle soon.
“I figured we’d be hit a little bit. We were hit less than I thought and we’ll be back on track in a pretty short while,” he told reporters traveling with him to Ohio.
He also argued that gas “prices are coming down very substantially,” noting the increase is “just a matter or war. That happens. You can almost predict it
This is a developing story. Check back for information.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
