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AP Photo/Evan VucciĪccording to AAA, the national average price of a gallon of regular gasoline had reached $3.36 Thursday, up four cents from the average on Monday. “I must tell you, I don’t have a near-term answer,” Biden added before musing on the possibility that he could “go in the Petroleum Reserve and take out and probably reduce the price of gas maybe 18 cents or so per gallon, it’s still gonna be above three bucks.” President Biden said at a CNN town hall that he doesn’t have any “near-term” answers for high gas prices.

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“I don’t see anything that’s going to happen in the meantime that’s going to significantly reduce gas prices. “My guess is, you’ll start to see gas prices come down as we get by and going into the winter – I mean, excuse me, into next year, 2022,” the president told moderator Anderson Cooper at the Baltimore event. President Biden admitted during a CNN town hall Thursday night that he has no immediate solution to the problem of spiking gas prices and suggested that Americans would not start seeing relief at the pump until next year. ‘Insanity’: GOP blasts report of possible $450K Biden payout to illegal immigrantsĤ versions of scathing anti-Biden rap ‘Let’s Go Brandon’ now in iTunes Top 10īiden says Pope didn’t talk abortion and he can have communion Biden apologizes for ‘clumsy’ AUKUS pact snub at meeting with French leader