The White House will not refill the Strategic Petroleum Reserve in the near future after millions of barrels were drawn last year, said U.S. Secretary of Energy Jennifer Granholm in a recent interview. It was announced last October by the Biden administration that it would re-buy crude oil when prices reach between $67 and $72 per barrel,…
US Oil Reserve Won’t Be Replenished for Several Years: Top Official
July 13, 2023
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Business & Marketseconomic policiesenergyExecutive BranchGold and CommoditiesJennifer GranholmMarketsOilPoliticsUSUS News
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House Passes Another Bill Protecting Gas Stoves From Being Banned
June 14, 2023
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Business & MarketscongressCPSCDepartment of Energyenergygas stoveJennifer GranholmPolicies & ImpactsPoliticsstove banUSUS News
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The House on June 14 passed another piece of gas stove legislation. Voting in favor of the Save Our Stoves Act—a bill that would block the Department of Energy’s proposed efficiency rule on gas stoves and similar appliances—were 249 representatives, while 181 went against the measure. The legislation passed just one day after the House…
Top Biden Administration Official Admits to Lying to Congress
A top official in President Joe Biden’s administration has admitted to lying to Congress when she claimed not to own individual stocks. Energy Secretary Jennifer Graholm, a Biden appointee, told the Senate Energy and Natural Resources Committee on April 20 that she did not own individual stocks, instead owning mutual funds. Granholm said in a letter…
UK and US Vow to Bolster Energy Independence, End Reliance on Russian Energy
February 28, 2023
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Business & Marketseconomic policieseconomyenergyEuropeGrant ShappsInternationalJennifer GranholmLNGRussia-Ukraine WarUKUSUS NewsVladimir PutinWar in UkraineWorld
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Britain and the United States have pledged to work together to bolster energy independence and help their European partners end reliance on Russian energy. Since Russian President Vladimir Putin launched the invasion of Ukraine on Feb. 24, 2022, European nations have reduced their imports of Russian oil and gas, leading to a shortage of supplies…
Gas Prices Could Jump Again If China Opens After Covid-19 Lockdowns, Sec. Granholm Warns
August 22, 2022
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Business & MarketsChinaeconomyenergyGasinflationInflation Reduction ActJennifer GranholmPolicies & ImpactsUSUS News
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Energy Secretary Jennifer Granholm has cautioned that gas prices could surge if China opens up significantly after strict COVID-19 lockdowns within the country. Granholm made the comments on “Fox News Sunday,” where she noted that while the Biden administration is hopeful gas prices will continue to fall, the United States is “at the whim of what…
Biden Energy Secretary Violated Federal Hatch Act When She Promoted Democrats: Special Counsel
U.S. Energy Secretary and former Michigan Gov. Jennifer Granholm violated the Hatch Act when she endorsed the Democratic Party in her capacity as a federal official during an interview last year, said the U.S. Office of Special Counsel (OSC) this week. Granholm, the OSC said, explicitly endorsed Democrats during an Oct. 6 interview in her official…
US Energy Secretary Hints Biden May Take Dramatic Move on Gas Prices
U.S. Secretary of Energy Jennifer Granholm said the Biden administration could use the Defense Production Act to handle dealing with high gas prices, although it’s not clear exactly how. “President [Joe] Biden, like all other leaders around the world, are grappling with this for their citizens,” Granholm said Wednesday during a White House press briefing….
White House Keeps Suggesting Electric Vehicles as Fix for Record Gas Prices
Amid continually increasing gas prices, White House officials have continually recommended that Americans feeling pain at the pump should switch over to electric vehicles. During a live streaming event this week, the Biden administration’s energy secretary, Jennifer Granholm, said that a way to deal with $5 per gallon gas is to purchase an electric vehicle “If…
Top White House Official Admits Gas Prices Will Be ‘Rough’ This Summer
Secretary of Energy Jennifer Granholm said that gas prices for this summer are “going to be rough” as Thursday’s data shows the average price for a gallon is nearing $5. “Yeah, this summer is going to be rough,” she said in response to a CBS News statement about whether she has any statements to reassure…
Mexico Says US Energy Secretary to Visit, Power Market Concerns Eyed
MEXICO CITY—U.S. Energy Secretary Jennifer Granholm will travel to Mexico this week for talks, with the government’s planned overhaul of the Mexican electricity market potentially on the agenda, President Andres Manuel Lopez Obrador said on Monday. The United States has voiced concerns about an initiative championed by Lopez Obrador which aims to strengthen state control…
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