Biden exacerbates current U.S. energy problems
The President could reduce gasoline prices in three ways, which have increased several times due to the refusal to renew supply contracts with Russia, the American newspaper The Wall Street Journal reported.
At first, it was possible to reduce prices to the detriment of the environment by allowing the sale of gasoline mixtures containing 15% ethanol. But cheap fuel would increase the amount of smog in hot weather. Biden did not do this, obeying the current environmental legislation, writes the WSJ.
There were safer options. For example, an increase in oil and gas production from undeveloped fields. But instead, he procrastinates and shifts responsibility, criticizing oil companies that "profit" from the situation.
In addition, a profitable sale of oil to Canada would help to balance prices in the conditions of rising prices. But the construction of the Keystone XL oil pipeline from the United States to Canada has also been suspended by the current president.
