Biden Pressures OPEC to Speed Production to Lower Gas Prices
- U.S. engaged with OPEC+ countries to ensure reliable supplies
- Deese asks FTC’s Khan to investigate market manipulation
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President Joe Biden urged OPEC countries to reverse pandemic-era production cuts, calling it an essential step to make gasoline prices more affordable for Americans.
The president’s comments capped a series of actions taken Wednesday by his administration to address the rising cost of oil, as the White House eyes inflation as a potential threat to the strength of the economic recovery.