White House declines to comment on Granholm remark on possible crude oil export By Reuters

© Reuters. U.S. Vitality Secretary Jennifer Granholm testifies at a Senate Vitality & Pure Assets Committee listening to on the Vitality Division’s price range request on Capitol Hill in Washington, U.S., June 15, 2021. REUTERS/Evelyn Hockstein/Information

WASHINGTON (Reuters) – White Home press spokesperson Jen Psaki declined to touch upon U.S. Vitality Secretary Jennifer Granholm’s remarks on Wednesday {that a} ban on exports is a attainable device to calm oil costs.

“I’d defer to the power secretary, however I haven’t got something new to report on that from internally within the White Home,” Psaki instructed reporters.

Earlier within the day, Granholm didn’t rule out a ban on crude oil exports, which was lifted in 2015. “That’s a device that we’ve got not used, however it’s a device as nicely,” Granholm instructed a Monetary Instances convention. She additionally mentioned that tapping the Strategic Petroleum Reserve is into consideration.

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