OPEC+ Alliance To Decide Oil Output As U.S. Prices Hit Record High

The video discusses the rising gas prices in the U.S., noting a significant increase in the cost of a regular gallon of gas. Despite a drop in Brent crude prices, gas prices continue to rise. The video highlights an OPEC meeting where oil producers agreed to increase production, influenced by the EU's decision to ban Russian oil imports due to the Ukraine invasion. Saudi Arabia and the UAE are expected to compensate for the shortfall, with the White House commending Saudi Arabia's role in reaching a consensus.

What is the current price of a regular gallon of gas in the country?

What was the increase in gas prices over the past week?

What decision did OPEC make regarding oil production?

What was the reason for the European Union's ban on Russian oil imports?

Which countries are expected to make up the difference in oil production?