Biden declared importance of “adequate” fuel supplies to global market

US President Joe Bayden stated colleagues from the G20 countries about the need to have an “adequate” fuel supply in the world market in the context of the global transition to environmentally friendly energy sources. It is reported by RIA Novosti with reference to the press service of the White House.

“[President] stressed that we need adequate deliveries at this moment when we make a stretched transition to the carbon economy,” the pool of the unnamed official quotes the pool of the white house.

Biden predicted the “dramatic” drop in fuel prices in the next two or three years. “You will see a dramatic drop, a dramatic drop in what will happen in relation to gasoline prices,” said politician. At the same time, the decline in prices for gas before the beginning of the next year should not be expected, noted the American leader. “I do not think that until then, something will happen that it will significantly affect the prices,” he said.

/Media reports.