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Biden expects gasoline prices to fall in 2022 -Breaking

by Mike Robinson

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© Reuters. U.S. president Joe Biden makes remarks at the Electric City Trolley Museum Scranton, Pennsylvania on infrastructure legislation, U.S. Oct 20, 2021. REUTERS/Jonathan Ernst

WASHINGTON, (Reuters) – President Joe Biden stated on Thursday that he expected gasoline prices to drop in 2022. Any further price drops will depend on factors like the action of Saudi Arabia.

Earlier today, Reuters reported that U.S. antitrust regulators have extended the approval process https://www.reuters.com/business/energy/exclusive-us-slows-down-oil-gas-mergers-sources-2021-10-21 for at least five oil and gas mergers and acquisitions in the last three months, as the Biden administration scrutinizes deals to tackle soaring energy prices.

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