“My guess is that gas prices will start to decline in early 2022.
I do not think that until then anything will happen that will significantly affect prices, ”RIA Novosti quoted Biden as saying.
At the same time, Biden called the reason for the surge in fuel prices due to production restrictions on the part of OPEC.
Biden also noted that a dramatic drop in fuel prices could occur in the next two to three years.
Earlier, Politico reported on Biden's refusal to impose sanctions against Nord Stream 2.