The rise in gasoline prices, caused, among other things, by the decision of OPEC+ countries to reduce oil production, will turn into a “big headache” for US President Joe Biden next year. This opinion was expressed in an interview Fox Business analyst and financial journalist Charles Payne.
According to him, despite the increase in gasoline reserves in American storage facilities in recent days, there is a shortage of crude oil in the country.
Payne called Biden’s energy policy a failure and warned there would be consequences.
“We know what OPEC did, Russia did it. “But President Biden allowed them to easily take advantage of this situation,” he said.
Last week reportedThe Ministry of Energy will reduce fuel prices in Russia.
September 12, Russian President Vladimir Putin instructed The government should work on additional measures to stabilize fuel prices. The Ministry of Energy has started to control gray fuel imports, which it currently estimates to be several million tons. All this happened against the background of record increases in the cost of gasoline and diesel fuel.
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