Biden Has Few Options to Combat Surging Gas Prices as Voters Grow Concerned About Inflation - NewsBreak
By Gesard in Business
Updated 2 years ago
Retail gas prices – averaging $3.38 per gallon on Oct. 25 – have risen roughly 50% in 2021, surpassing pre-pandemic levels. There are "no immediate plans" to tap into emergency reserves or limit energy exports outside the United States, the Energy Department told CNBC. Combined with price spikes across...