You probably don’t need a news report to tell you that gasoline prices have been surging. Prices are at a seven-year high, up more than a dollar from a year ago.

Rising energy costs, including gasoline as well as natural gas and coal, are a major driver of high inflation. That’s putting pressure on household budgets and creating a major political problem for the Biden administration.

The president recently said that addressing inflation “is a top priority for me,” and his administration has repeatedly alluded to the possibility of some sort of action to push gasoline prices down.

So what can the president actually do? As it turns out, not much.... Read More: NPR