Energy Sec Granholm: Soaring Gas Prices Are An ‘Exclamation Point’ That U.S. Must Accelerate Green Energy Push
During the exchange with reporters, Granholm also referred to the Russian invasion of Ukraine and its effects on the global oil supply as a reason to push for more green energy. “No one has ever weaponized access to the sun,” Granholm said, referencing Russia’s move to cancel energy exports or demand shipments to be paid in Russian rubles. “No one has ever weaponized access to wind. The way we are energy secure is to build homegrown clean energy, and other countries are looking to that as well.”
Granholm repeated the rhetorical line that gas prices stem from the price of oil around the world, saying that every country in the world is also dealing with high prices and looking for ways to increase supply. “Everybody realizes that gasoline is derived from oil, and oil is traded on a global market, and so every country in the world is facing this,” she said. “Every country is looking for ways to increase supply in the moment — in supply of oil so that we can stabilize.” Granholm added that the U.S. can increase supply by tapping the Strategic Petroleum Reserve and urging oil companies to increase their output, moves the Biden administration has already taken.