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Granholm: President could use Defense Production Act to handle gas supply crisis after asking for tax holiday
America can reduce gas prices on its own if Biden gets out of the way: GOP congressman
Arkansas Republican Bruce Westerman reacts to Democrats accusing oil companies of price gouging on ‘Fox Business Tonight.’
Energy Sec. Jennifer Granholm indicated that President Biden has considered using the Defense Production Act to help mitigate the record-high gas prices, but stressed that it is just "one" of the tools at the president’s disposal.
"President Biden, like all other leaders around the world, are grappling with this for their citizens," Granholm said Wednesday at a White House press briefing. "And the president is doing everything he can to reduce prices for American families."
The price for gas nationwide has exceeded $5 a gallon for the first time since AAA started recording prices in 2000. The average price jumped $1.92 compared to this time last year.