U.S. Energy Secretary Granholm Calls on Oil and Gas Companies to Raise Output

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Fuel prices are at record highs. The Department of Energy calls on companies to start drilling. The message is at odds with a prior focus on green technologies.

Granholm appealed to an industry that has felt alienated by the administration, saying the Department of Energy and Biden Administration broadly are ready to work with producers.

The oil and gas industry has said that the White House is holding back drilling with unfriendly policies. Officials have dismissed these claims. Oil prices topped $130 per barrel on Sunday, the highest level since 2008. Less than two years ago, West Texas Intermediate, the U.S. oil benchmark, traded below zero.

 

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Cut all the red tape and restrictions and they will.

Great example of closing the barn door after the horse got out.

whiplash

Did she finally find her magicwand

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