Does it get any better than this?
https://www.politico.com/news/2021/10/13/white-house-biden-gas-prices-515957
The White House has been consulting with the oil industry to seek a remedy for rising gasoline prices as surging inflation threatens to tarnish the economic recovery, according to three people familiar with the discussions.
The latest outreach to the oil industry is an awkward shift for the Biden administration, which has pledged to move the country away from fossil fuels and has drawn criticism from the industry and Republicans for pausing lease sales of federal land for oil and gas development.
But President Joe Biden faces mounting political pressure to curb rising prices that have lifted the average per gallon price of gasoline to $3.28, more than $1 above the year-ago level, as crude oil prices hit 7-year highs this week above $80 a barrel. That pain at the pump comes as the U.S. consumer price index jumped 5.4 percent in September, matching a 13-year high and driven partly by troubled supply chains — creating another political headache for Biden heading into the 2022 election season.
Biden team asks oil industry for help to tame gas prices
https://www.politico.com/news/2021/10/13/white-house-biden-gas-prices-515957
The White House has been consulting with the oil industry to seek a remedy for rising gasoline prices as surging inflation threatens to tarnish the economic recovery, according to three people familiar with the discussions.
The latest outreach to the oil industry is an awkward shift for the Biden administration, which has pledged to move the country away from fossil fuels and has drawn criticism from the industry and Republicans for pausing lease sales of federal land for oil and gas development.
But President Joe Biden faces mounting political pressure to curb rising prices that have lifted the average per gallon price of gasoline to $3.28, more than $1 above the year-ago level, as crude oil prices hit 7-year highs this week above $80 a barrel. That pain at the pump comes as the U.S. consumer price index jumped 5.4 percent in September, matching a 13-year high and driven partly by troubled supply chains — creating another political headache for Biden heading into the 2022 election season.
