The price of oil skyrocketed on Sunday as Democrat President Joe Biden’s administration is considering an embargo on Russian oil after Russia invaded Ukraine late last month.
The price of gasoline has reached record highs in California. The state become in American history to charge averages of over $5 a gallon for the essential fuel with Los Angeles and San Francisco eclipsing that mark earlier this week.
Tesla CEO Elon Musk issued a tweet on Friday declaring that oil and gas output should be ramped up, even though he acknowledged that such a move would have a negative impact on Tesla, which sells electric vehicles.