Biden’s Quest for Oil Relief Turns to U.S. Energy Data This Week
- Granholm says administration ‘looking at’ Tuesday EIA survey
- Energy secretary blames OPEC for ‘controlling the agenda’
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The Biden administration will consider energy-price data coming out Tuesday as it weighs measures to stem high gasoline prices, including tapping the Strategic Petroleum Reserve, U.S. Energy Secretary Jennifer Granholm said.
The monthly survey by the U.S. Energy Information Administration is the latest marker in President Joe Biden’s effort to counter high crude prices and a snub of his request to key producers, including Saudi Arabia and Russia, to increase output more quickly.