OPEC+ Makes Big Oil Cut To Boost Prices; Costs At Pump May Rise

OPEC announced a cut in oil production by 2 million barrels a day, aiming to keep oil prices high. This decision could lead to a rise in gas prices, affecting consumers and potentially pushing the average national price towards $5 per gallon. The move also has political and economic implications, impacting the Biden administration and possibly aiding Russia's war efforts. Analysts predict short-term price hikes, but hope they will be temporary.

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