New York: Major crude oil producers are likely to take steps to ramp up oil production in the following weeks since US President Joe Biden’s visit to the middle east in July and talks with leaders, including Saudi Arabia’s crown prince. Consequently, gas prices in the US could fall to $4 per gallon.

“Persian Gulf oil producers will likely take steps to boost production in the weeks following President Joe Biden’s trip to meet with Middle Eastern leaders,” one of the president’s energy advisors Amos Hochstein indicated in a July appearance on CBS’ Face the Nation.

He predicted the US gas prices could continue their recent slide from record highs and approach $4 per gallon. Actually, the sell-off in crude began some time ago when OPEC failed to strike a deal with its allies, led by Russia, about oil production cuts. That, in turn, caused Saudi Arabia to slash its oil prices as it reportedly looks to ramp up production, says Forbes.com in its portal.

Senior State Department energy security advisor Amos Hochstein is “confident” that there will be “a few more steps” in the coming weeks for increased oil production in the region, based on conversations during President Biden’s trip to Saudi Arabia, he said. After visiting the kingdom in July, President Biden said he believed Saudi Arabia would supply more oil, though he did not receive confirmation. Hochstein said that “there is room for increased production” in some other Gulf countries.