I'd imagine as the world's largest producer of oil and gas the US could easily stabilise the prices of fuel which appears to be driving inflation. The US arms industry has a strong lobby in Washington so I'm not holding out much hope for a speedy end to this.
The problem is the reduction in Russian oil and gas from the world markets.
Biden has requested that all big US oil companies increase their production and he’s released a big chunk of the US oil reserves in an attempt to control the price.
Problem is Big Oil is not playing ball ( worldwide) they are not investing in the infrastructure quick enough to get the oil flowing.
It’s a world problem that is lack of investment and funding in renewable energy has now come back to haunt us. The world has to get away from its dependence on fossil fuels.