On Wednesday’s broadcast of Bloomberg’s “The Close,” Biden energy coordinator Amos Hochstein responded to California Gov. Gavin Newsom (D) proposing to limit the profit margins of oil refiners by stating that he’ll let California speak for itself, but if companies
Oil and gas company Valero Energy slammed California as a “hostile regulatory environment for refining” after the state’s Energy Commission accused them of price fixing.
On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that there is a bit of “schizophrenia” in our energy policy where “We’ve been discouraging oil companies from
Biden keeps slamming the U.S. fossil fuel industry for allegedly not expanding refining capability as he continues to hobble producers.
President Joe Biden called on U.S. oil refiners to produce more gasoline and diesel Wednesday, warning because they are not doing so their profits have tripled as Americans struggle with record high gas prices.
Wednesday on MSNBC’s “Morning Joe,” Energy Secretary Jennifer Granholm pushed back against the notion that there were too many regulations on oil refineries, and that was behind the lack of production.
Radical protestors have announced that they plan to block oil refineries to protest the UK’s use of fossil fuels, despite the energy crisis.
