The industry tells us it`ll take a few months for them to ramp up production and make up the last Russian oil. And so in the meantime, what we`re doing is this release of a million barrels a day from the Strategic Petroleum Reserve, that`s a bridge in our supply to get us to where domestic produced oil can make up what we`ve lost from Russia.
Ron Klain discusses the strategy to manage gas prices and oil production amid the ongoing crisis.
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