(WO) — Major U.S. oil refiners met with U.S. Energy Secretary Jennifer Granholm on Thursday to discuss rising energy costs and energy security. The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) […]
President Joe Biden reiterated his ire toward oil industry officials, verbally sparring with Chevron Corp. Chief Executive Officer Mike Wirth just days before administration officials and oil executives are set to discuss how to bring […]
President Biden said Monday that he may make a decision within days on seeking a pause to the federal gasoline tax, as Americans deal with soaring gas prices. Mr. Biden told reporters in Rehoboth Beach, Del., that […]
The European Union signed an agreement with Israel and Egypt to boost gas shipments on Wednesday, tapping into the gas riches of the eastern Mediterranean as it races to secure alternatives to Russian energy. The EU, […]
The White House has sought to deflect the blame for high gasoline prices onto refiners for cutting capacity and not making enough fuel, but the real source of the price increases is the attempt to […]
According to sources cited by Bloomberg, the White House is weighing oil product (gasoline, diesel, etc.) export limits. The limits under consideration would fall short of a comprehensive ban, according to Bloomberg sources. Curtailing exports could have geopolitical […]
IRVING, Texas–(BUSINESS WIRE)–ExxonMobil today released the following statement in response to a letter from President Biden. We have been in regular contact with the administration to update the President and his staff on how ExxonMobil […]
The American Petroleum Institute (API) and ExxonMobil Corporation have both responded to a recent letter sent by U.S. President Joe Biden to oil refineries. “While we appreciate the opportunity to open increased dialogue with the […]
(Bloomberg) — Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambasts […]
Responding to record-high US gasoline and diesel prices, President Joe Biden has asked US refiners for their assistance in adding refining capacity to increase supply of gasoline and diesel. “I understand that many factors contributed […]
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