Wednesday, January 22, 2025
Trade groups respond to President Biden’s letter to U.S. refiners- oil and gas 360

Trade groups respond to President Biden’s letter to U.S. refiners

World Oil Last night, American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson sent a letter to President Biden responding to recent letters the Administration sent to major U.S. fuel refiners suggesting that these companies, their workforces and facilities throughout the country aren’t doing their part to bring

Biden and the oil industry are talking past each other- oil and gas 360

Biden and the oil industry are talking past each other

Yahoo Finance Remember the outrage when a handful of U.S. oil refineries closed in 2020? If you don’t, that’s because there wasn’t any outrage. Oil and gasoline prices were blissfully low and the COVID-19 pandemic dominated the news. Hardly anybody noticed. Energy investors certainly did, however, because 2020 was one of the worst years in history for energy producers. Exxon Mobil

ExxonMobil statement regarding President Biden Letter to Oil Industry- oil and gas 360

ExxonMobil statement regarding President Biden Letter to Oil Industry

Yahoo Finance IRVING, Texas, June 15, 2022–(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 has been investing more than any other company to develop U.S. oil and gas supplies. This includes investments in