Home » US oil prices continue to climb Biden or visit Saudi Arabia this month | Gasoline | Russia-Ukraine war

US oil prices continue to climb Biden or visit Saudi Arabia this month | Gasoline | Russia-Ukraine war

by admin
US oil prices continue to climb Biden or visit Saudi Arabia this month | Gasoline | Russia-Ukraine war

[The Epoch Times, June 12, 2022](The Epoch Times reporter Daphra comprehensive report) Gasoline prices hit a record high on Sunday (June 12), with the national average gasoline price climbing to $5.01 a gallon, according to the American Automobile Association. ‘s peak.

With summer coming and Americans starting to drive more for vacations, trips and outings, gas prices are up about 16 cents on average from last week.

Around this time last year, the national average price for a gallon of gasoline was $3.07, according to the AAA.

Americans have been witnessing a surge in oil prices since 2021. After the start of the Russian-Ukrainian war this year, oil prices rose even more rapidly.

Currently, gasoline prices in the United States have broken records. In California, the average price of a gallon of gasoline climbed to $6.43 on Sunday, the highest in the nation.

Even states with typically lower averages, such as Texas and Mississippi, have seen gasoline prices exceed an average of $4.50 a gallon.

Polls believe that the Biden administration is responsible for rising U.S. prices. Biden’s approval ratings hit record lows in several polls last week.

Biden is planning to travel to Saudi Arabia and to Europe and Israel in late June, the sources said. But a week later, Biden said he “has not yet” decided whether to travel to Saudi Arabia.

Asked by a reporter this weekend in Albuquerque, New Mexico, whether he would use a possible trip to the Middle East to reach a deal that would improve Saudi-Israel relations, Biden said: “We’ll have to see and see. .”

See also  [Must-see]Analysis: What Happened in Shanghai and Zhongnanhai | Li Qiang | Shanghai Epidemic

“It is also important to recalibrate the relationship with Saudi Arabia,” a White House official said Friday, noting that Saudi Arabia has been a strategic partner of the United States for more than eight decades.

Responsible editor: Li Yuan #

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy