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20 April 2022

The Ukraine Crisis Offers a Rare Chance for Energy and Climate Cooperation

Jason Bordoff and Meghan L. O’Sullivan

As motorists make plans for the summer driving season, U.S. gasoline prices are near record highs. Yet some relief may be in sight: Falling oil prices mean pump prices should dip below $4 per gallon in the coming weeks—though the looming risk of further disruptions to Russian oil supply means the relief risks proving short lived.

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