The United States Senior Envoy for Energy Security Amos Hochstein told CBS on Sunday that he believes OPEC has enough capacity to ramp up oil production and is expecting new decisions in this regard in the next few weeks.
As one of the people who visited the Middle East this week with US President Joe Biden, Hochstein claimed, that, from what he has heard, ''there is additional capacity there, there is space to expand production.''
Furthermore, he added that gas prices will come down to $4 a gallon, which would open doors for lowering the inflation in the country.
