Energy industry experts say Americans shouldn't expect gas prices to recede from their record highs immediately.
Energy industry reps criticize Biden administration, say Russia-Ukraine war highlights need to produce more American energy
"It's really emotions that are driving these markets. Do I think that we still have more upward mobility in pricing? Absolutely. I don't think we've seen the peak just yet," Strawbridge added. "But I think as we start to plateau, as we start to see economies cool and as we see production grow, I think we will start to see a plateau."
BIDEN'S RUSSIA OIL BAN: ENERGY INDUSTRY REPS LAUD MOVE, SAY IT'S ‘BEFUDDLING’ PRESIDENT WON'T BACK US ENERGY Oil well equipment on the Forth Berthold Indian Reservation near New Town, N.D. MHA Nation produces about a quarter of North Dakota's annual oil output.
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