We have done many, many actions to mitigate that price rise. You saw the announcement of a coordinated release of 400 million barrels of oil with over 30 nations of the world participating in that. We've had allies in the Middle east that moved oil overseas before the conflict started. Heck, we just announced yesterday, bringing on a meaningful amount of oil production in the state of California from offshore, that California has fought foolishly to prevent new American oil to go into their own state. (04:20–04:26)
CLAIM
Asserts that Middle Eastern allies moved oil overseas before the conflict began.
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