Biden Administration – Jahanagahi
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Economy

Biden canceled an Alaska oil and gas lease sale. What’s the impact on gas prices?

Gasoline prices in the US hit a new record on Thursday — the same day the Biden administration canceled three oil-and-gas lease sales. Republican lawmakers are pointing to surging fuel costs as a rationale for selling more leases to drill on federal lands, with some criticizing President Biden’s decision as hurting America’s energy independence. Alaska […]