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Chris Wright: “With 30 other nations around the world, we've released extra…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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Strait of Hormuz will be flowing in the 'not-too-distant future,' Energy secretary says

Published | Video Starts at 01:20

We changed the blending requirements this summer to allow us to produce even more gasoline than we would normally produce for the peak summer driving season. And With 30 other nations around the world, we've released extra crude in the market during this disruption. consumption. Because, yes, there is a disruption. Prices are higher than they would otherwise be. But I think President Trump summarized it well, this is a price we're all having to pay, but the cost of inaction is vastly, vastly larger than this price. (01:20–01:27)

CLAIM

Asserts that the US and 30 other nations released extra crude oil into the market.

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