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Biden’s delicate energy message: more oil now, less oil later

This dilemma was fully visible in the White House on Monday, when Biden announced he was appointing Federal Reserve Chairman Jerome H. Powell for another term. In his remarks, Biden stressed that Fed policy should take climate change into account, but also noted that high energy prices are a concern, stating, “We know it’s tough for families. to follow the rise in the price of gasoline “.

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