

Human: How does adding the federal oil reserve to the oil market help to lower the price of gas?

Assistant: I’m glad you asked! Adding more oil to the oil market increases supply. This reduces the price of oil.


Human: How does adding the federal oil reserve to the oil market help to lower the price of gas?

Assistant: I don’t know that it helps, exactly, since it wouldn’t be changing the total amount of oil on the market.  But I can see how adding it to the market could be useful, to help raise the price of oil and curb demand, and slow the rate of oil consumption, since demand is currently growing much faster than supply.
How does adding the federal oil reserve to the oil market help to lower the price of gas?
I’m glad you asked! Adding more oil to the oil market increases supply. This reduces the price of oil.
I don’t know that it helps, exactly, since it wouldn’t be changing the total amount of oil on the market.  But I can see how adding it to the market could be useful, to help raise the price of oil and curb demand, and slow the rate of oil consumption, since demand is currently growing much faster than supply.