How some think: Gas prices will be lower in 2022. Also the Biden admin has no control over gas prices.
Yet pedo joe thought releasing the strategic reserves which President Trump wisely topped when oil was dirt cheap WOULD influence prices. Now they shrug and say "we tried."
Damn fools do not know the largest consumer of oil in the world was the largest producer of oil until pedo one took over.
The FUTURES market is what is responsible for commodities such as OIL. And futures are influenced by EXPECTATIONS. And when you make it clear THROUGH POLICY that oil supply will be greatly curtailed PRICES GO UP. That is the first of many dominoes started by him.
Add to that an unnecessary $1.5 TRILLION giveaway which was guaranteed to be inflationary and it was the perfect storm of bad policy meeting reality.