Politics

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

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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 (OPEC) 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.

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