Biden stopped an oil and gas lease auction in Alaska. What effect will this have on gas prices

On the same day that the Biden administration canceled three oil-and-gas lease auctions, gasoline prices in the United States reached a new high.

Republican senators are citing rising gasoline prices as justification for selling more drilling leases on federal property, with some denouncing President Biden's move as jeopardizing America's energy independence. The decision, according to Alaska Governor Mike Dunleavy, "exp....