Although the price of gasoline had begun to register increases before the Russia-Ukraine conflict, the government of President Joe Biden links the recent rise of $3.30 dollars to $4.20 average dollars to that war in Eastern Europe, for which it will implement two measures to try to reduce costs in the United States United States.
The first action would be the one that should, in theory, have the most immediate result, since it is expected to increase the supply of gasoline.
“ everything possible to promote domestic production now and through a historic release of the Strategic Petroleum Reserve, to serve as a bridge to greater supply in the coming months, “the White House advanced in a document and telephone call with journalists.
The Biden Administration expects to increase national production in one million barrels of oil per day this year and almost 700,000 barrels newspapers next year.
“That will have an impact on international prices,” said the senior official.
The second action is in the medium-long term is to strengthen the US path to achieve “true energy independence”, to completely reduce dependence on oil.
“The President will ask Congress to approve his plan to accelerate the transition to clean energy that will be made in the United States,” he said.
It was added that this will guarantee the creation of well-paid union jobs in clean and cutting-edge industries for generations to come.
“You will save American families money for the foreseeable future, including more than $950 dollars a year in gas savings by taking advantage of electric vehicles and an extra $500 dollars a year by using clean electricity like solar power and heat pumps to power their homes,” it said.