Biden "looking at" tapping strategic reserve amid rising fuel prices, Granholm says

• Tapping into the Strategic Petroleum Reserve likely wouldn't have a major effect on consumer prices, as it is more commonly used to address supply disruptions, Politico noted.
• Granholm also reiterated that Biden is aware of the situation, adding that the president is "looking at all of the tools that he has."

What they're saying: "The president is all over this. Of course, every president is frustrated because they can't control the price of gasoline, because it's a global market," Granholm told host Dana Bash.

• "You can call upon increased supply, which he has done and OPEC is ... controlling the agenda with respect to oil prices," she added.
• "OPEC is a cartel and it controls over 50 percent of the supply of gasoline."