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

Published 10/06/2021, 05:08 PM
Updated 10/06/2021, 05:11 PM
© Reuters. U.S. Energy Secretary Jennifer Granholm testifies at a Senate Energy & Natural Resources Committee hearing on the Energy Department's budget request on Capitol Hill in Washington, U.S., June 15, 2021. REUTERS/Evelyn Hockstein/Files

WASHINGTON (Reuters) - White House press spokesperson Jen Psaki declined to comment on U.S. Energy Secretary Jennifer Granholm's remarks on Wednesday that a ban on U.S. crude exports is a possible tool to calm oil prices.

"I would defer to the energy secretary, but I don't have anything new to report on that from internally in the White House," Psaki told reporters.

Earlier in the day, Granholm did not rule out a ban on crude oil exports, which was lifted in 2015. "That’s a tool that we have not used, but it is a tool as well," Granholm told a Financial Times conference. She also said that tapping the Strategic Petroleum Reserve is under consideration.

Latest comments

Why not stsrt more drilling. We are fown 2 mbd from our topProduction numbers. Wti can be hedged at 77 dollats per barrel. No risk
" Drill Baby Drillc - Sarah Palin- turned us into a energy superpower. "build back better" is turning us into a *****
this is our country this is our resources take care of United States we the ones paying taxes
First a ban on exports, then comes price controls, then comes rationing...then comes an economic collapse Venezuela style.  Such tactics would reduce the incentive for domestic production resulting in reduced production and even higher prices.  At least Greta and her congregation would be happy.
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