White House calls on OPEC+ to do more to combat rising gas prices
CNN
The Biden administration is calling on the Organization of the Petroleum Exporting Countries and its allies like Russia to do more to combat rising energy prices, an effort that comes as gas prices are at a seven-year high.
Warning that higher gas prices "risk harming the ongoing global recovery," national security adviser Jake Sullivan said in a statement Wednesday that the US is "engaging with relevant OPEC+ members on the importance of competitive markets in setting prices," saying that OPEC "must do more to support the recovery." The US is not an OPEC member, however, the Biden administration has been engaged with countries in the group and its allies, known as OPEC+.
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