U.S. Energy Secretary Rick Perry is planning to leave the Trump administration, but his departure is not imminent, a source familiar with the situation said April 17.
Perry, a former governor of Texas who has taken a leading role in President Donald Trump's policy of boosting energy production, has been finalizing his departure, the source said.
Perry's plan was first reported by Bloomberg.
"There is no truth that Secretary Perry is departing the administration any time soon. He is happy where he is serving President Trump and leading the Department of Energy," said department spokeswoman Shaylyn Hynes.
A third of the world’s seaborne oil—almost 17 MMBbl/d—passes through the strait, which narrows to just 21 miles and has long been a strategic chokepoint in the Persian Gulf.
The U.S. State Department said it is concerned by reports of China's interference with oil and gas activities in the South China Sea, including Vietnam's long-standing exploration and production activities.
Extending the subsidy and not defaulting to a phaseout has significant Democratic support but is opposed by Sen. Grassley.