Biden plans to shut down another pipeline, which could lead to more fuel price increases

Biden plans to shut down another pipeline, which could lead to more fuel price increases

Recent reports indicate that the Biden administration intends to shut down another huge oil pipeline located in Michigan. Critics were quick to point out that in the current context of high inflation, it could be catastrophic for the U.S. economy to continue to hamper the exploitation and distribution of fuels.

While the final decision has not yet been made, Biden administration officials are analyzing the political, economic, and social consequences of permanently closing the Michigan pipeline known as Line 5, Fox News reported.

-------------------
Sign Up To Receive Our Latest News!
https://thebl.com/sign-up/

#TheBL

usoilcrude oil

Post a Comment

0 Comments