As Gas Prices Soar, , There Isn't Much
Biden Can Do.
As Gas Prices Soar, , There Isn't Much
Biden Can Do.
CNN reports President Joe Biden has kicked off the year with a less than stellar start.
Experts say increasing gas prices could negatively impact the embattled
president's optics even more.
The prices of crude oil and gasoline have once again started to rise.
According to CNN, the president's
poll numbers have continued to spiral.
This is a terrible situation.
Gas prices are in this
political danger zone. , Helima Croft, head of global commodity strategy RBC Capital Markets, via CNN.
Attempting to mitigate rising fuel prices, the Biden administration released more crude oil reserves from the US Strategic Petroleum Reserve than at any point in history. .
Though Biden has a few options of
softening the blow of increased prices
on citizens of the country, there
isn't much his administration can do.
If prices continue their astronomical rise, Biden may have to exercise
his options before it's too late.
They are in a
difficult situation. , Bob McNally, president, Rapidan Energy Group, via CNN.
There are no
magic wands here. , Bob McNally, president, Rapidan Energy Group, via CNN