President Biden on Thursday ordered a historic release from the Strategic Petroleum Reserve in an effort to curb gas prices.
Driving the news: Biden is ordering the release an average of 1 million barrels per day for the next six months, which senior administration officials say will "shore up global supplies."
Despite two failed attempts to free it this week, a sister container ship to the Ever Given that got stuck in the Suez Canal last year has been lodged in the Chesapeake Bay for 21 days — and now cargo holders have to pay to help free it.
Why it matters: The Ever Forward (yes, bask in the irony) is the largest ship to get stuck in the Chesapeake Bay and it’s carrying 5,000 containers of … stuff.
