The President doesn’t have much direct control other than use of the strategic reserve and whatever political pressure they can exert with a “pretty please”, but OPEC has significant influence over production and thus worldwide prices, and they have demonstrated a penchant for supporting the American politicians that keep us most tethered to fossil fuels rather than renewable energy sources.
Which would mean we could expect prices to go the opposite direction that GasBuddy is predicting here. I guess we’ll see.
It’s an election year. Gas prices are going to be “record lows” in October.
Because you think the president controls gas prices?
The President doesn’t have much direct control other than use of the strategic reserve and whatever political pressure they can exert with a “pretty please”, but OPEC has significant influence over production and thus worldwide prices, and they have demonstrated a penchant for supporting the American politicians that keep us most tethered to fossil fuels rather than renewable energy sources.
Which would mean we could expect prices to go the opposite direction that GasBuddy is predicting here. I guess we’ll see.