How Biden’s oil reserve plan will likely lower gas prices in weeks

Pumpjacks operate in the Belridge oil field on November 03, 2021 near McKittrick, California.

How Biden's oil reserve plan will likely lower gas prices in weeks

New Day

Jared Bernstein, member of the White House council of economic advisers, joins CNN to discuss President Joe Biden's plan to release 50 million oil barrels in order to lower gas prices.

02:20 - Source: CNN

Politics of the Day 16 videos

Pumpjacks operate in the Belridge oil field on November 03, 2021 near McKittrick, California.

How Biden's oil reserve plan will likely lower gas prices in weeks

02:20

Now playing

- Source: CNN

trump fox town hall

Trump responds to CNN reporting he knew seized docs were still classified

02:29

Now playing

- Source: CNN

President Joe Biden is helped up after falling during the graduation ceremony at the United States Air Force Academy, just north of Colorado Springs in El Paso County, Colorado, on June 1, 2023.

See moment Biden trips and falls at Air Force Academy commencement

00:59

Now playing

- Source: CNN

Florida Governor and 2024 Presidential hopeful Ron DeSantis speaks during his campaign kickoff event at Eternity Church in Clive, Iowa, on May 30, 2023. The kickoff event begins a four day tour through twelve cities in Iowa, New Hampshire, and South Carolina. (Photo by Andrew Caballero-Reynolds / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

DeSantis or Trump? Hear what Republican voters in Iowa are saying

01:58

Now playing

- Source: CNN

markwayne mullin senate hearing reality sot mwrmx vpx_00002925.png

'I don't want reality': Senator's gaffe draws laughs during hearing

00:34

Now playing

- Source: CNN

Florida Gov. Ron DeSantis, left, and former US President Donald Trump.

Hear how DeSantis responded to Trump's attack on campaign trail

01:25

Now playing

- Source: CNN

FILE - Solomon Pena, center, a Republican candidate for New Mexico House District 14, is taken into custody by Albuquerque Police officers, Jan. 16, 2023, in southwest Albuquerque, N.M. Peña overwhelmingly lost a bid last fall for the New Mexico statehouse as a Republican and is accused of paying four men to shoot at the homes of four Democratic officials. (Roberto E. Rosales/The Albuquerque Journal via AP, File)

Failed NM GOP candidate indicted in alleged shooting spree targeting Democrats

02:17

Now playing

- Source: CNN

Republican presidential candidate Florida Governor Ron DeSantis listens a his wife Casey speaks during a campaign rally at Port Neal Welding Company on May 31, 2023 in Salix, Iowa.

DeSantis now criticizing Trump for trusting Fauci. Hear his defense of Fauci from 2020

02:26

Now playing

- Source: CNN

Maggie Haberman Donald Trump Split

'Very problematic for Trump': Haberman on audio recording obtained by prosecutors

01:35

Now playing

- Source: CNN

Jason Osborne

'Huge win for Kevin McCarthy': Former Trump adviser on debt deal

01:20

Now playing

- Source: CNN

Former U.S. President Donald Trump speaks during an event at the Mar-a-Lago Club April 4, 2023 in West Palm Beach, Florida.

CNN reporter explains new tape obtained by prosecutors in Trump case

01:54

Now playing

- Source: CNN

BIDEN

Biden pushes back on reporter's question about debt ceiling deal

01:08

Now playing

- Source: CNN

foreman debt ceiling

What each party gave up and gained in the debt ceiling deal

02:48

Now playing

- Source: CNN

dusty johnson sotu vpx

Lawmaker who helped negotiate debt deal responds to GOP criticism

02:30

Now playing

- Source: CNN

Voting boards are lit with a majority of green lights as the house votes to impeach state Attorney General Ken Paxton, in the House Chamber at the Texas Capitol in Austin, Texas, Saturday, May 27, 2023. Texas lawmakers have issued 20 articles of impeachment against Paxton, ranging from bribery to abuse of public trust as state Republicans surged toward a swift and sudden vote that could remove him from office. (AP Photo/Eric Gay)

See the moment Texas GOP-controlled House impeaches one of its own

01:06

Now playing

- Source: CNN

pramila jayapal ISO sotu 052823

Tapper asks Democratic lawmaker if White House should worry about Progressive Caucus. Hear her response

01:58

Now playing

- Source: CNN