The White House said Thursday that the Biden administration is not taking action at this time in response to gasoline prices hitting seven-year highs and elevated crude oil and natural gas prices, adopting a wait-and-see approach while insisting “all tools in the toolbox” remain at the ready.
White House Deputy Press Secretary Karine Jean-Pierre made the remarks at an Oct. 7 briefing in response to a question about what steps the administration was taking to keep rising gasoline, natural gas, and oil prices in check.
