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“There are very few things that a president can do to help lower the cost of oil, and this administration tried to do pretty much everything that it can,” said Andrew Gross, spokesman for AAA.President Joe Biden released oil from the Strategic Petroleum Reserve in November and March, hoping to reduce prices. “They’re doing everything in their power to figure out how to not show up at the gas pump,” he said.White House press secretary Jen Psaki said a suspension of the federal gas tax is “an option on the table.” The suspension could in theory reduce gas prices by as much as 18 cents a gallon.Republican lawmakers say the key is to lease more federal land for oil and gas drilling and send a positive message to energy producers by greenlighting the Keystone XL pipeline that Biden nixed last year.As the war Russia is waging on Ukraine continues and demand for gasoline continues to grow, experts are not expecting relief at the pump any time soon.
As said here by CATHY BUSSEWITZ, JULIE WALKER and JOSHUA BOAK