The Biden administration cancels U.S. oil and gas production lease sales in Alaska and the Gulf of Mexico. The move comes amid mounting bipartisan criticism of the administration for allegedly hampering American fuel production while consumer prices soar. “As of Thursday morning, the national average price of a gallon of regular gas stood at $4.418, according to AAA — the highest on record and $1.41 higher than at this time last year,” the New York Post reports.
