{"id":1008585,"date":"2021-11-13T18:44:16","date_gmt":"2021-11-13T23:44:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1008585"},"modified":"2021-11-13T18:44:20","modified_gmt":"2021-11-13T23:44:20","slug":"psaki-on-tapping-petroleum-reserve-nothing-to-preview-at-this-point-in-time","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-on-tapping-petroleum-reserve-nothing-to-preview-at-this-point-in-time\/","title":{"rendered":"Psaki On Tapping Petroleum Reserve: Nothing \u2018To Preview At This Point In Time\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpsaki-on-tapping-petroleum-reserve-nothing-to-preview-at-this-point-in-time%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1008585&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>On Friday, White House Press Secretary Jen Psaki held her first press briefing since being diagnosed with COVID-19.<\/p>\n<p>During the briefing, Psaki was asked by Fox News White House Correspondent Jacqui Heinrich about increased gasoline princes, and if the Biden administration will be tapping the Strategic Petroleum Reserve (SPR) \u201cto bring down costs.\u201d<\/p>\n<p>\u201cDemocrats are calling for the president to release barrels from the Strategic Petroleum Reserve to bring down costs \u2014 and that would be somewhat of an immediate action to mitigate these high gas prices as opposed to waiting for the BIF money to be implemented to address the long-term supply chain issues or the Build Back Better to be passed.&nbsp;Why has the president not yet done that?&nbsp;Does he plan to do that soon?\u201d Heinrich asked.<\/p>\n<p>After briefly stating that she didn\u2019t \u201chave anything to preview,\u201d Psaki pivoted, saying that the administration has been \u201casking the FTC\u201d to \u201clook into price gouging,\u201d as well as \u201cpushing OPEC to release more supply.\u201d<\/p>\n<p> <iframe loading=\"lazy\" title=\"Jen Psaki Hosts First White House Press Briefing Since COVID-19 Diagnosis\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/-rth8umDktA?start=1607&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe> <\/p>\n<p>According to a recent Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-11-10\/record-spr-crude-leaves-u-s-gulf-coast-as-biden-mulls-release\">report<\/a>, the SPR is already being tapped, but the oil is allegedly being shipped to other countries:<\/p>\n<p>About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve \u2014 a monthly record \u2014 was shipped out in October, according to data from market intelligence firm Kpler. Three cargoes were loaded onto a supertanker in the U.S. Gulf Coast and are headed to Asia.<\/p>\n<p>\u201cIf the Biden Administration decides to tap U.S. emergency crude reserves to push down domestic energy prices, it may not help all that much. The supplies may just be exported away like last month,\u201d Bloomberg reported.<\/p>\n<p>TRANSCRIPT VIA THE WHITE HOUSE:<\/p>\n<p><em>FOX NEWS WH CORRESPONDENT JACQUI HEINRICH: Democrats are calling for the president to release barrels from the Strategic Petroleum Reserve to bring down costs \u2014 and that would be somewhat of an immediate action to mitigate these high gas prices as opposed to waiting for the BIF money to be implemented to address the long-term supply chain issues or the Build Back Better to be passed.&nbsp;Why has the president not yet done that?&nbsp;Does he plan to do that soon?<\/em><\/p>\n<p><em>PRESS SECRETARY JEN PSAKI:&nbsp;I don\u2019t have anything to preview for you.&nbsp;I can just reiterate what I conveyed a little bit earlier \u2014 is that certainly the cost of gas is on the minds of the, on the mind of the president, as it is on the mind of many Americans across the country.<\/em><\/p>\n<p><em>And there are<\/p>\n<p><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday, White House Press Secretary Jen Psaki held her first press briefing since being diagnosed with COVID-19.During the briefing, Psaki was asked by Fox News White House Correspondent Jacqui Heinrich about increased gasoline princes, and if the Biden administration will be tapping the Strategic Petroleum Reserve (SPR) \u201cto bring down costs.\u201d\u201cDemocrats are calling for the president to release barrels from the Strategic Petroleum Reserve to bring down costs \u2014 and that would be somewhat of an immediate action to mitigate these high gas prices as opposed to waiting for the BIF money to be implemented to address the long-term supply chain issues or the Build Back Better to be passed.\u00a0Why has the president not yet done that?\u00a0Does he plan to do that soon?\u201d Heinrich asked.After briefly stating that she didn\u2019t \u201chave anything to preview,\u201d Psaki pivoted, saying that the administration has been \u201casking the FTC\u201d to \u201clook into price gouging,\u201d as well as \u201cpushing OPEC to release more supply.\u201d[embedded content]According to a recent Bloomberg report, the SPR is already being tapped, but the oil is allegedly being shipped to other countries:About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve \u2014 a monthly record \u2014 was shipped out in October, according to data from market intelligence firm Kpler. Three cargoes were loaded onto a supertanker in the U.S. Gulf Coast and are headed to Asia.\u201cIf the Biden Administration decides to tap U.S. emergency crude reserves to push down domestic energy prices, it may not help all that much. The supplies may just be exported away like last month,\u201d Bloomberg reported.TRANSCRIPT VIA THE WHITE HOUSE:FOX NEWS WH CORRESPONDENT JACQUI HEINRICH: Democrats are calling for the president to release barrels from the Strategic Petroleum Reserve to bring down costs \u2014 and that would be somewhat of an immediate action to mitigate these high gas prices as opposed to waiting for the BIF money to be implemented to address the long-term supply chain issues or the Build Back Better to be passed.\u00a0Why has the president not yet done that?\u00a0Does he plan to do that soon?PRESS SECRETARY JEN PSAKI:\u00a0I don\u2019t have anything to preview for you.\u00a0I can just reiterate what I conveyed a little bit earlier \u2014 is that certainly the cost of gas is on the minds of the, on the mind of the president, as it is on the mind of many Americans across the country.And there are several steps we\u2019ve taken, including pushing the FTC, or asking the FTC to look into price gouging \u2014 something we\u2019ve seen and we have concerns has been an issue over the past few months as the availability and supply of oil has gone up and prices have not come down; pushing OPEC to release more supply to meet the demand.\u00a0And certainly there are a range of other domestic options, but I just don\u2019t have anything to preview at this point in time.The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a\u00a0member.<\/p>\n","protected":false},"author":132,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1008585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1008585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/132"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1008585"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1008585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1008585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1008585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1008585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}