Deputy Treasury Sec: ‘We Are Calling on Those Who Own Those Gas Stations to Bring Down the Price’

MITCHELL: “Bottom line, can you do anything to bring down gas prices between now and the election a month from now?”
ADEYEMO: “So, Andrea, we think the gas prices should continue coming down because we’ve seen historic spreads between the cost of crude oil and the cost that’s being paid at the pump. So, we’re calling on those who own those gas stations to bring down the price. But in addition to that, you’ve already seen that over the course of this last month we’ve seen a release of the SPR that has helped to keep prices lower than they were at their highs this summer. And we’re committed to taking every other action that we can to try and bring down prices over the course of the next few days, the next few months, and over the course of the next years, because we know how important this is to the American people.”