White House scrambles to solve gas price surge

The White House is scrambling to help solve a massive surge in gas prices that increasingly is seen as a weight that could leave Democrats suffering a rout in this fall’s midterm elections.

 

Energy Secretary Jennifer Granholm is expected to convene an emergency meeting in the coming days. Meanwhile on Wednesday, President Biden’s economics team gathered alongside outside advisers to discuss various options. More meetings are expected again on Thursday.

 

The White House is also flirting with endorsing a federal gas tax holiday while readying for a controversial summit with Saudi Arabia where the global fuel supply is expected to be a major point of discussion.