Bidens OPEC dilemma
On Wednesday, OPEC announced one of the biggest cuts to oil production since the start of the pandemic: a 2 million-barrel per day cut to its target starting in November. The move threatens to push gasoline prices higher and disrupt the positive momentum Democrats and the Biden administration had enjoyed over the last couple months related to prices at the pump. POLITICO\u2019s Ben Lefebvre breaks down why OPEC is cutting oil production and how the Biden administration is responding. Plus, the Biden administration has kicked off the first formal step in the process of implementing Democrats\u2019 historic climate and energy bill.