Will Joe Biden’s gamble on big oil pay off in leveling gas prices?

[AJBot]

After begging the industry to increase supply, the White House used its reserve to strategically set fuel pricesCan Joe Biden push big oil to drill for more oil, lower gas prices and speed up the switch to electric vehicles? That’s the ambitious aim of a plan the Biden administration is implementing as drivers continue to wrestle with soaring gas prices. Unusually, the plan has support not just from the oil industry but some economists and environmentalists.As 2022’s gas prices set off inflation and oil companies celebrated record profits, Biden practically begged industry executives to ta ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.