Bloomberg: Biden running out of options to lower fuel costs
Overnight gas prices ticked up another five cents a gallon, reaching another stunning record high! The average price now is $4.67 a gallon.
Diesel prices have been holding steady since mid-May at $5.57 a gallon.
A report from Bloomberg says that President Biden is in a tough spot when it comes to fixing the fuel crisis, as many options come at a cost to the environment. A market researcher told Bloomberg that there is “no silver bullet.”
Yesterday, the White House said that prices were the result of Putin’s war.