The Biden administration appeared to reverse its previous position that it wouldn’t consider an oil export ban Tuesday. “I can confirm the president is not taking any tools off the table,” Energy Secretary Jennifer Granholm remarked, Reuters reported. “If you had a ban on crude oil exports, because you’re cutting off supply to the global market, you are going to have higher global crude prices and higher global refined product prices that would be fed through here,” said Garrett Golding, a business economist tasked with analyzing energy markets at the Federal Reserve Bank of Dallas. EEnergy Secretary Jennifer Granholm said...
