In an interview with the Prime agency, he noted that it is becoming increasingly difficult to implement this method as oil reserves in the world decrease.
Another way to contain the rise in gasoline prices in the US is to extract additional oil from strategic reserves, Smirnov said.
According to him, this method "does not give the desired effect, since gasoline inventories in the United States have continued to decline over the past month."
Thus, Smirnov concluded, the US authorities "have reached a dead end regarding the search for a reliable tool to influence the fuel market."
In the US, on May 17, gasoline prices again updated their historical highs.
Prior to this, US Oil and Gas Association President Tim Stewart announced the worst energy crisis in the country in half a century.
Leading expert of the National Energy Security Fund, lecturer at the Financial University under the Government of Russia Igor Yushkov, in an interview with Economics Today, commented on the situation with energy supplies to the EU.