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Mike Rounds: “Crude oil exports from the Middle East are back up to the pre-conflict levels, somewhere right around 20…”

Featuring: Mike Rounds, Republican | U.S. Senate South Dakota

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Given your current role as Deputy Assistant Secretary for the Investment, Energy and Infrastructure at the Treasury Department and prior international economic policy experience, I'd like to get your thoughts on bringing diesel prices down. Recent reports show that Crude oil exports from the Middle East are back up to the pre-conflict levels, somewhere right around 20 million barrels a day. coming through right now between the pipeline and also through the Strait of Hormuz. Yet diesel prices are at a record high. (50:49–51:03)

STATEMENT

Asserts that Middle East crude oil exports have returned to pre-conflict levels of approximately 20 million barrels per day.

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Mike Rounds

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