Biden Energy Secretary: People ‘Going To’ Pay More To Heat Homes, ‘Hope’ Gas Doesn’t Hit $4 Per Gallon
Energy Secretary Jennifer Granholm told CNN on Sunday that Americans will pay more to heat their homes this winter as energy prices continue to skyrocket and that the administration hopes that gas prices do not hit $4 per gallon.
“So, according to AAA, the national average of gas prices is now $3.42 a gallon. Bank of America is predicting crude oil prices could soar another 50 percent by next June,” CNN host Dana Bash said. “Could the average gas price in America be $4 a gallon in the United States soon?”
“Well, we certainly hope not,” Granholm responded. “As I say, the Energy Information Agency is going to put out their forecast this week.”
“The president is all over this,” she claimed.
“Should Americans in what will likely be a cold winter — most of them are — expect to pay higher prices for heating their homes?” Bash later asked.
“Yeah, this is going to happen,” Granholm responded. “It will be — it will be more expensive this year than last year. We are in a slightly beneficial position, certainly relative to Europe, because their choke hold of natural gas is very significant.”
DANA BASH, CNN HOST: Hello. I’m Dana Bash in Washington, where the state of our union is feeling some whiplash.
After a bruising Election Day for Democrats, President Biden spent the weekend celebrating a significant win, bipartisan passage of his $1.2 trillion infrastructure bill, which passed the House overnight Friday with the support of 13 Republicans and gives billions of dollars to the nation’s bridges and roads, as well as broadband, water and energy systems.
Saturday, the president heralded a victory, calling it a monumental step forward as a nation. The president is still pushing Democrats on the Hill to pass the other half of his domestic agenda, the $1.75 trillion social spending bill and climate bill.
The administration had hoped to pass this legislation together, but the timeline for the larger bill slipped last week after moderates in the House demanded more information on the bill’s cost.
Joining me now, someone who was deeply involved in the push for the infrastructure bill, Energy Secretary Jennifer Granholm.
Thank you so much for joining me.
JENNIFER GRANHOLM, U.S. ENERGY SECRETARY: You bet.
BASH: Nice to see you in person.
GRANHOLM: Yes, likewise.
BASH: It’s a very large piece of legislation, almost law.
I want to narrow in on a couple specific parts of it. The president said yesterday that the bill will — quote
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