Warning to future U.S. presidents: Gas prices might hurt you too
The United States’ capacity for refining oil into gasoline is declining, a trend that appears irreversible. And while more electric vehicles are hitting the road, the nation’s appetite for oil-derived fuels remains high. That’s not only causing political pain for President Joe Biden in the short-term, but it could also hurt future presidents on both sides of the aisle moving forward. POLITICO’s Ben Lefebvre explains.
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Show Notes
The United States’ capacity for refining oil into gasoline is declining, a trend that appears irreversible. And while more electric vehicles are hitting the road, the nation’s appetite for oil-derived fuels remains high. That’s not only causing political pain for President Joe Biden in the short-term, but it could also hurt future presidents on both sides of the aisle moving forward. POLITICO’s Ben Lefebvre explains.
Ben Lefebvre is an energy reporter for POLITICO.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Raghu Manavalan is a senior editor for POLITICO audio.
Jenny Ament is the executive producer of POLITICO’s audio department.
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