Share
News

White House Downplays Rising Energy Prices, Says 'Climate Crisis' Is More Important

Share

The White House downplayed surging energy prices in the U.S. and worldwide on Wednesday, arguing that the climate crisis was more important.

“Certainly, we all want to keep gasoline prices low, but the threat of the crisis — the climate crisis — certainly can’t wait any longer,” White House press secretary Jen Psaki told reporters Wednesday.

She added that President Joe Biden believes climate change presents “one of the greatest national security crises” facing the U.S., suggesting that higher prices were a necessary consequence of the fight against global warming.

Both the U.S. and international benchmarks for crude oil briefly touched multi-year highs this week and remain elevated after the Organization of the Petroleum Exporting Countries and its Russian counterpart opted not to increase production.

Natural gas prices also surged to their highest level in more than a decade while volatility hit an all-time high.

Trending:
KJP Panics, Hangs Up in Middle of Interview When Reporter Shows He Isn't a Democratic Party Propagandist

Oil and natural gas both account for the vast majority of U.S. energy produced, according to the Energy Information Administration.

But some experts have blamed the rapid shift from fossil fuels to renewable energy investment for the increasing prices and borderline global energy crisis, The New York Times reported.

“The energy transition is not being handled properly,” OPEC Secretary-General Mohammad Barkindo said at a conference Wednesday, according to Bloomberg.

“And hence we are beginning to see the fallout.”

Will the Biden administration's climate agenda crush the country?

In November, the United Nations will convene a major climate conference where leaders are expected to agree to bolster efforts to combat climate change and attempt to curb future emissions.

Psaki said the White House hoped high energy prices would not convince leadership from Europe and Asia to approach the November conference with more concerns about cost than climate.

Content created by the Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of the DCNF’s original content, please contact licensing@dailycallernewsfoundation.org.

A version of this article appeared on the Daily Caller News Foundation website.

Truth and Accuracy

Submit a Correction →



We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
, , , , , , , , ,
Share
Founded by Tucker Carlson, a 25-year veteran of print and broadcast media, and Neil Patel, former chief policy adviser to Vice President Dick Cheney, The Daily Caller News Foundation is a 501(c)(3) non-profit providing original investigative reporting from a team of professional reporters that operates for the public benefit. Photo credit: @DailyCaller on Twitter




Conversation