Biden takes new action to bring down U.S. fuel prices

President Joe Biden detailed his administration’s new plans to combat the high prices Americans have been paying at the pump. Gas prices peaked over the summer at more than $5 dollars per gallon and have since declined. The war in Ukraine along with OPEC’s recent decision to slash production is creating uncertainty in the market again. What will Biden’s plan to reduce gas prices entail, and what could it mean for your wallet as we go into the holiday season?