Biden is backBiden was distracted for a few months, and the oil price has pushed higher. Now he has been reminded of this problem and is back to try to make gasoline prices "fair" for American citizens.
We haven't seen the pattern that we are seeing today for a long time. Oil does a waterfall crash just before the opening bell in New York. I believe that the federal government is hiring bankers to trade in patterns to remove the positive sentiment and momentum from the price of oil.
This is a losing strategy in the long run as more oil well get used when stocks are already low causing a greater problem down the road. Not to mention the financial risk to the bankers who have to take risky short positions to make this happen, so perhaps they are guaranteed by the government.
But the worst thing politically is that the truth always comes out eventually, no matter how many documents are assigned to swear people to secrecy. I don't want to be out when that new story breaks.