White House asks U.S. oil-and-gas companies to help lower fuel costs ‑sources

By Jarrett Renshaw4 Min Read(Reuters) ‑The White House has been speaking with U.S. oil and gas producers in recent days about helping to bring down rising fuel costs, according to two sources familiar with the matter.FILE PHOTO: A general view of the sun rising behind the White House in Washington, U.S. January 22, 2021. REUTERS/Jonathan ErnstEnergy 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.“We are closely monitoring the cost …

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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