Overview
- 1 million barrels of gasoline will be sold from the Northeast Gasoline Supply Reserve.
- The gasoline will be distributed in New Jersey and Maine, with deliveries expected by June 30.
- The reserve was established after Superstorm Sandy and will be closed following this release.
- National gas prices currently average $3.60 per gallon, a slight increase from last year.
- The release is designed to provide relief during high-demand summer months and address inflation concerns.