Gasoline prices are surging. Can Biden actually do something about it?
Presidents don't set the gas price you pay at the pump, but they're often blamed for it. And right now, high energy prices are helping send inflation to an over 30-year high.
by Camila Domonoske
Nov 14, 2021
3 minutes
You probably don't need a news report to tell you that gasoline prices have been surging. Prices are at a seven-year high, up more than a dollar from a year ago.
Rising energy costs, including gasoline as well as natural gas and coal, are a major driver of high inflation. That's putting pressure on household budgets and creating a major political problem for the Biden administration.
The president recently said that addressing inflation "is a top priority for me," and his administration has repeatedly alluded to the possibility of some sort of action to push
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