Rising fuel prices are political poison, the Biden administration has looked for ways to tame them.
Urge OPEC to increase its production. Now this via the American political site Politico:
- The White House has consulted with the oil industry to find a cure for rising gasoline prices as soaring inflation threatens to tarnish the economic recovery, according to three people familiar with the talks.
- Energy Secretary Jennifer Granholm said last week that the administration was considering releasing oil from the Strategic Oil Reserve, a move usually reserved for supply disruptions.
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