“Energy Secretary Jennifer Granholm indicated that President Joe 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.” “
“So we know that the war in Ukraine, having driven up the price of fuel … we’ve got to make up for the million barrels per day that we’ve lost,” Granholm told reporters. “We will have a demand problem when China opens up, and there will be additional upward pressure on supply.”
Granholm stressed the belief that “no president alone” can control gas prices and claimed the U.S. needs “More players at the table,” which led to the president appealing to Congress to enact a gas tax holiday.
Biden announced he would call on Congress to approve a gas tax pause for three months. The federal government currently charges 18 cents in taxes per gallon of gasoline and 24 cents per gallon of diesel, the official said.
Officials had raised concerns that rushing to remove the gas tax due to concerns that it might undermine recent funding Congress passed for the infrastructure bill, but Biden made a point of insisting Congress remove the tax without stripping money from the Highway Trust Fund that finances highways and mass transit.
Granholm previously hinted that Biden might take other, more drastic actions to help combat record-high gas prices. During an appearance Sunday on “State of the Union,” she noted that the president has a number of tools to use, including the Defense Production Act to try and direct resources.
“Let’s just say the president is prepared to use all of his authorities to do what he can to increase supply,” Granholm said during an appearance Sunday on “State of the Union.” “
Comment: To even hint at a threat of seizure of the oi industry under the DPA is to risk rebellion. Will the federal security forces be used to seize oil industry installations in states like Texas?
This is but one of the possibilities implicit in Biden-Harris government policies that point to desire of the movers and shakers in this administration to Sovietize America.
Biden’s policy in the Ukraine is THE ONLY policy adopted by him with which I agree. Russia’s desire to destroy Ukraine as a state has been proven. Unfortunately this has been seized upon by ardent anti-Biden people like Tucker Carlson as an opportunity to further condemn and ridicule the Bidonians.
This, in turn, is taken by Russian IO (both governments and foreign agents of influence) as a way to undermine American support for Ukraine.
A sad state of things. pl
Addendum to comment: At the time of the fall of the USSR I advocated the dissolution of NATO, believing it had fulfilled its purpose and would prove to be a major irritant in relations with Russia, but the temptation for the US Borg and the military to seek a new enemy to replace the old proved too great and the new Russia became the designated foe.
I opposed the political drive to recruit new NATO members from among former member countries of the Warsaw Pact. As this process progressed the Ziocon Political Bloc, who hated Russia from Jungian memory of pogroms and shtetls past, made the NATO expansion their particular cause.
But, what’s done is done. We have accepted the new NATO as our treaty allies nd the obligation cannot be ignored. These countries fear Russia and IMO their fear must motivate our actions. pl