US in touch with OPEC over energy prices – Psaki

White House spokeswoman Jen Psaki stated on Tuesday that the United States government is engaged with OPEC members over increasing energy prices and is looking at every means to address the cost of oil products. “We continue to speak to international partners, including OPEC, on the importance of competitive markets and setting prices and doing more to support the recovery,” Psaki stated. She also added that the White House is closely monitoring the developments on energy markets and has already asked the Federal Trade Commission to use all of its tools to address any illegal activity related to gas price increases.