•  International oil producers are planning to cut oil production, meaning gas prices will likely begin rising immediately as Democrats block Republican efforts to increase domestic oil and gas energy production.
• OPEC+ announced Sunday a cut in oil production to the surprise of many who speculate prices could rise significantly as a result. Last summer, regular gas prices set new records, surpassing $5 per gallon on average.
• Gas prices are already on the rise this year. According to AAA, the current national average price for a gallon of regular gasoline is $3.51, up from $3.44 a week ago and $3.39 one month ago.

Tagged: #Bidenflation