Politicians Can't Lower Gas Prices, But They Can Boost Them

Politicians Can't Lower Gas Prices, But They Can Boost Them
(AP Photo/Alex Brandon)

After reaching all-time highs this summer, gas prices have recently fallen modestly from their peak. The Biden administration has of course tried to take credit for the relief, but it had apparently forgotten that as prices were rising, President Biden said that he couldn’t “​​click a switch” to “bring down the cost of gasoline” in the “near term.”

Which is it, then? Can the administration manage fuel prices, or is it merely a bystander, and even a victim of outside, uncontrollable events, as Joe Biden has claimed to be?

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes