Failed..

 

Americans can expect increasing pain at the pump as rising oil costs continue to push up prices at gas stations across the U.S. That spike is unlikely to ease anytime soon as Russia's war with Ukraine intensifies, experts say. 

In addition to the actions taking by the Biden's administration that reduced the oil production in USA and as a result tripled the prices of oil far before the Ukraine issue started.

Oil prices surged another $7 per barrel on Wednesday after an agreement by the U.S. and other major governments to release 60 million barrels from their national reserves — half of them U.S. barrels — failed to quell supply concerns over Russia's attack on Ukraine. The price of Brent crude oil, the international benchmark, rose to nearly $113 a barrel on Wednesday, its highest level since 2014. The U.S. benchmark topped $107, according to Bloomberg.

The decision made by the 31 member nations of the International Energy Agency was intended "to send a strong message to oil markets" that there will be "no shortfall in supplies" as a result of the invasion of Ukraine, but failed to move markets.

Just a "Failed Admin." thought.