A rumor has been circulating that the White House was considering an export ban on crude oil, but the administration has just shut it down. The Biden Administration is now reportedly looking to work with Big Oil to find future-facing solutions for the country’s sky-high gasoline prices. Secretary Granholm’s remarks at the National Petroleum Council signal a complete U-turn, even as prices have remained lower, meaning the administration may not have had an immediate need to mend fences with oil and gas. When Democratic Congressman Ro Khanna told media the White House was considering an export ban on crude oil, West Texas Intermediate was trading above $80 per barrel, gas prices were sky-high, and that same White House was running out of options. Now, WTI is trading at below $70 per barrel, gas prices are down nationally, and the export ban on crude is off the table. The message […]