More on the White House consulting with the oil industry to remedy rising gasoline prices

Author: Eamonn Sheridan | Category: News

Rising fuel prices are political poison, the Biden administration has been looking for ways to tame them.

Urging OPEC to increase output. Now this via US politics site Politico:
  • The White House has been consulting with the oil industry to seek a remedy for rising gasoline prices as surging inflation threatens to tarnish the economic recovery, according to three people familiar with the discussions.
  • Energy Secretary Jennifer Granholm said last week that the administration was considering releasing oil from the Strategic Petroleum Reserve, a move that is usually reserved for supply disruptions.

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