U.S. Gasoline Prices Barely Budge After SPR Release Announcement

The national average U.S. gasoline price barely moved on the day after the United States announced on Tuesday a release of 50 million barrels of oil from the Strategic Petroleum Reserve intended to lower the highest gasoline prices in America in seven years. On the following day, Wednesday, November 24, the national average was $3.398 per gallon of gasoline, down by less than one cent from the $3.403 average price on Tuesday, according to data from AAA. To compare, at this time last year, the average price of gasoline in the U.S. was $2.110 per…