Biden Cheers Lower Pump Prices, Crediting His Supply Efforts
- Biden says efforts to release oil from reserves slowed prices
- Omicron discovery sparked demand fears, causing oil to plunge
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President Joe Biden celebrated falling U.S. gasoline prices in a tweet on Thursday, crediting his administration’s efforts to increase supply.
Pump prices for regular unleaded are down about 9 cents a gallon on average nationally from a month ago and about 17 cents in Kansas City, Missouri, according to AAA, the travel membership organization.