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White House Rejects Idea of Boosting Domestic Oil Production to Lower Gas Prices

Crude oil prices rose as high as $130.50 a barrel on Sunday evening.

White House press secretary Jen Psaki released a set of talking points on social media, arguing against a focus on boosting oil production in the United States.

“It’s a reminder that real energy security comes from reducing our dependence on fossil fuels,” Psaki wrote, noting that Russia’s continued invasion of Ukraine was causing a spike in oil prices.

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