Biden’s cure for high gasoline prices? The 2021 infrastructure bill
President Joe Biden says some solutions to rising gas prices are outlined in his legislative bill aimed at upgrading the nation’s infrastructure, including its transportation systems and travel options. Some proposed projects would lower demand — and prices — for gasoline, but take years to have a significant affect, some experts say. Making electric vehicles more affordable and mass transit more accessible would help, but still take as long as a decade, critics point out. Fulton Schools Research Professor Steven Polzin says parts of the president’s plan would alter the fuel supply-demand situation and likely help reduce prices, but adds that energy pricing is highly connected to a global market and that cutting demand in any one country would have only a modest impact on lowering oil prices.