U.S. President Joe Biden could take action as soon as this week to address soaring gasoline prices, Energy Secretary Jennifer Granholm said on Monday.
"He's certainly looking at what options he has in the limited range of tools a president might have to address the cost of gasoline at the pump, because it is a global market," Granholm told
MSNBC in an interview.On Saturday, Biden said the United States had tools to respond to high oil prices, after the oil producing countries that make up OPEC+ rebuffed U.S. pleas to pump more crude.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joe Biden passes the less contentious half of his legislative agendaAbout $550bn of America’s $1trn infrastructure bill constitutes new spending. The impact on growth is nothing to be sneezed at
Read more »
Joe Biden ranked Sixth in approval rating of world leadersSince taking office, Biden's approval rating has dipped a total of 6 percent, from 50 percent to 44 percent, a survey by Morning Consult Political Intelligence shows.
Read more »
Why It Would Be Unwise For Joe Biden To Tap The Strategic Petroleum ReserveReleasing oil from the SPR to moderate prices would be inadvisable, not least because the government doesn't know what the price should be.
Read more »
President Joe Biden Praises Passage Of $1.2 Trillion Infrastructure Bill, Says It Puts U.S. On ‘Path To Win’ Economic CompetitionBiden also reiterated his confidence that the $1.75 billion Build Back Better bill will also pass Congress.
Read more »
Pipeline pile-on: Biden faces heat from Canada, Republicans, Michigan’s governor and the price of propanePresident Joe Biden's plans to push the country away from fossil fuels and toward clean energy are facing an unexpected hurdle: the price of propane in Escanaba, Michigan
Read more »
Biden faces fresh challenges after infrastructure victoryPresident Joe Biden doesn't need to look any further back than his time as vice president to grasp the challenges that lie ahead in promoting his new $1 trillion infrastructure deal to the American people and getting the money out the door fast enough that they can feel a real impact. When President Barack Obama pushed through a giant stimulus bill in 2009, his administration faced criticism that the money was too slow to work its way into the sluggish economy, and Obama later acknowledged that he had failed to sell Americans on the benefits of the legislation. Obama's biggest mistake, he said in 2012, was thinking that the job of the presidency was “just about getting the policy right” rather than telling “a story to the American people that gives them a sense of unity and purpose.”
Read more »