The Biden Administration is still not decided whether the U.S. should act now to try to reduce the highest gasoline prices in America in seven years or to wait for the market to run its course, Bloomberg reported on Friday, quoting sources with knowledge of the ongoing debates. President Joe Biden is considering a release from the SPR as a possible move to reduce gasoline prices after OPEC+ ignored calls for putting extra barrels on the market, Secretary Granholm told Bloomberg last week. “Hopefully there will be an announcement or so this week,” Granholm told MSNBC in an interview on Monday. “He’s certainly looking at what options he has in the limited range of tools a president might have to address the cost of gasoline at the pump, because it is a global market,” the energy secretary added . As of early on Friday, the Biden team was still […]