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Biden Admin to Release Gasoline From Strategic Fuel Reserve

By Ben Lefebvre

As the summer driving season nears, the Energy Department said it was making the move now “to maximize its impact on gasoline prices.”

The Biden administration announced Tuesday it would release 42 million gallons of gasoline from the strategic fuel reserve into the Northeast markets to help cool off retail fuel prices.

Congress had ordered the sale from the National Gasoline Supply Reserve as part of the 2024 budget law, 118-42, requiring the Energy Department to close down the reserve after selling its inventory. DOE said it will accept bids for the fuel through May 28, with the revenue going to the Treasury. The fuel is to be delivered from the reserve sites in New Jersey and Maine no later than June 30.

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Keep Rolling | VR84D Vibratory Roller | Glades Land Development | John Deere Construction

Video: Keep Rolling | VR84D Vibratory Roller | Glades Land Development | John Deere Construction

For Glades Land Development in LaBelle, Florida, versatility and efficiency are essential. The family-run business prepares nearly 300 house pads a year and relies on John Deere equipment to tackle everything from grading and site preparation to compaction.

See how the John Deere 331 P-Tier Compact Track Loader paired with a vibratory roller attachment helps the crew rough-grade and compact with one machine, reducing equipment moves and trips to the jobsite. With strong lift capacity, a comfortable ride and customizable attachment controls, the 331 P-Tier gives operators the flexibility to dial in the machine for the work at hand.

Running John Deere equipment since 1999, Glades Land Development continues to look for new ways to work more efficiently. Hear why the team values equipment versatility, dealer support and solutions that help keep this family business moving forward.