• Analysts warn that Americans should anticipate surges in gasoline prices.
• The analysts said the rise in prices can be attributed to major petroleum refinery snags as well as government policies that disincentive increased fossil fuel production.
• The Organization of the Petroleum Exporting Countries (OPEC) and Russia are expected to announce a significant production cut, as much as 1-2 million barrels per day.
• “What OPEC might do very much could dictate where we go by the end of the year,” according to Patrick De Haan, head of petroleum analysis at GasBuddy.

Tagged: #Bidenflation