NEC Dir. Brainard: ‘Gas Prices Have Come Down by $1.40’ Relative to that Peak ‘Caused by Russia’s Invasion of Ukraine’

EXCERPT:

BRAINARD: "Yeah, so, gas prices at the pump are so important for American families, and a big focus of President Biden. We are pleased that gas prices have come down by $1.40 relative to that peak that was caused by Russia’s invasion of Ukraine. But as you say, we are watching carefully to make sure that those gas prices at the pump don’t go up, don’t squeeze Americans, and, you know, we’re going to continue monitoring and making sure that we see the continued strong production here and around the world that’s going to be necessary for that important price at the pump in the months to come."