According to AAA, the average nationwide price for a gallon of normal gasoline is $3.56, up from $3.49 a week ago and $3.41 a month ago. Gasoline prices in the United States have continued to soar this week, reaching their highest level in months.
Biden’s response to rising gas costs has included tapping into America’s oil reserves. The idea was that if external oil supplies were shut off, the U.S. could use the stockpile to keep the country going. Biden administration is using the oil reserves for everything but its intended purpose.
In an announcement on Wednesday, the Organization of Petroleum Exporting Countries (OPEC) stated that it would reduce oil output, thereby undermining the Biden administration’s efforts to persuade Middle Eastern oil corporations to maintain regular production to tackle rising gas prices.