WALL – US President Joe Biden said he could bring gasoline prices below $1.60 per gallon, but because of what Russia and Saudi Arabia did, gas prices are rising.
According to the news of Anadolu Agency, Joe Biden visited the factory of an automotive company in Hagerstown, Maryland, and evaluated the American economy.
Underlining that they value production in the country, Biden said that they continue to work for all companies to make their production in the USA and to open new employment areas.
‘I COULD REDUCE THE PRICE OF GASOLINE BELOW $1.60’
Biden also reacted to the decision of the Organization of Petroleum Exporting Countries (OPEC) and the OPEC+ group, which consists of some non-OPEC oil countries, to reduce its daily oil production by 2 million barrels as of November.
Criticizing Saudi Arabia in the group and Russia at war with Ukraine, Biden said, “I could have lowered the price of gasoline to below $1.60 per gallon, but gasoline prices are rising because of what the Russians and Saudis are doing. This is not over here.”
While the gallon (3.78 liters) of gasoline, which has an upward trend in the USA, is around $ 3.83, analysts express the expectation that the price climb will accelerate after the OPEC + decision. (NEWS CENTER)