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Region: US
Tuesday 01 September 2026 16:39:43 GMT
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robertharrison235 :
lol meeting with corporations used to be a scandel
2026-09-01 16:53:01
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Zimuzor24 :
The private afternoon session included Interior Secretary Doug Burgum, Energy Secretary Chris Wright, and National Energy Dominance Director Jarrod Agen. Executives from a mix of small, medium, and large fuel makers—including Chevron, Marathon Petroleum, Valero Energy, and PBF Energy—were expected to participate. Notably, ExxonMobil was reportedly left off the invitation list following public disagreements over international investments. The Trump administration is pushing the industry for "near-term steps" to boost capacity. A focal point of the discussion involves how U.S. refineries can process heavier crude oil following a newly struck, long-term energy agreement with Venezuela. The political pressure on the White House has intensified as the nationwide average for regular gasoline hovers around $4.08 to $4.10 per gallon—a spike of roughly 30% to 38% since the outbreak of the U.S.-Iran conflict in late February, and as Reuters reports, “The conflict has pushed up oil and gasoline prices by disrupting energy flows through the Strait of Hormuz... creating an especially visible economic burden for voters heading into the midterms.”
2026-09-01 16:45:27
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