Politics

Biden Begs OPEC to Boost Oil Production to Combat Rising Gas Prices After Canceling Drilling and Keystone Pipeline

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The Biden Administration on Wednesday begged OPEC to boost production as gas prices rise.

“The president recognizes that gas prices can put a pinch on the family budget,” a senior White House official, who asked not to be identified told CNBC. “He’d like his administration to use whatever tools that it has to help address the cost of gas, to help bring those prices down.”

Except for drilling in Alaska or finishing the Keystone XL Pipeline.

Joe Biden’s first order of business was to cancel the Keystone XL pipeline and stop drilling.

Gas prices have spiked since Joe Biden was installed in January.

The national average for a gallon of gas is $3.186 – over a $1 per gallon increase in the last year.

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