Officials: White House taking wait-and-see approach to rising gas prices

Senior White House aides huddled multiple times this week to discuss policy options to keep a lid on gasoline prices, officials told CNN, as prices continued rising steadily in recent weeks amid strong economic demand, refinery issues, extreme weather, and geopolitical tensions. 

In the meetings – which included national security adviser Jake Sullivan, National Economic Council director Lael Brainard, White House chief of staff Jeff Zients, and senior advisor Amos Hochstein – officials discussed a menu of domestic and international policy options but have not decided to take action in the near-term.

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No shit. That's all Biden and his administration has done, taking a wait & see approach.