Biden Admin Now Urging Oil And Gas Companies To Bring Down Rising Fuel Costs

The Biden administration has reportedly been speaking to oil and gas companies about lowering the cost of fuel as high gas prices have been one of the many problems the administration has struggled to address.“Energy costs are rising worldwide, in some cases leading to shortages in major economies like China and India. In the United States, the average retail cost of a gallon of gas is at a seven-year high, and winter fuel costs are expected to surge, according to the U.S. Energy Department. Oil-and-gas production remains below the nation’s peak reached in 2019,” Reuters reported. “The talks with energy companies touched on several issues, including prices, according to a third person familiar with the discussions. The administration has been in discussions with …

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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