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image: Susan Walsh/AP

Trump has access to a little-used tool that could lower oil prices

July 12, 2018

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“REDUCE PRICING NOW!”

That was President Donald Trump’s message to OPEC last week, adding that “gas prices are up & they are doing little to help.”

It was just the latest in a string of tweets taking aim at the oil cartel about energy costs. And ahead of the midterm election, where rising gas prices could hurt his party, the outbursts have raised questions about whether the president might turn to tapping a federal oil stockpile called the Strategic Petroleum Reserve.

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