White House exploring ways to ease war’s impact on oil, gas prices

The Trump administration is exploring ways to ease the impact of the Iran war on oil and gas prices. White House economic adviser Kevin Hassett said the administration is talking to oil companies and considering measures to increase production in the United States “really soon.” His comments come amid a sharp rise in gasoline prices. The Commerce Department says gas prices jumped nearly 21 percent in March from the previous month. And Triple-A reports the average price of gas nationwide rose to $4.30 a gallon on Thursday.