Exxon pushes back against Biden administration's efforts to cut fuel exports

Exxon Tells U.S. Administration Fuel Export Curbs Will Raise Gasoline Prices

The Biden Administration’s calls for U.S. refiners to limit their fuel exports would only lead to a more severe crunch overseas which will push crude oil prices and gasoline prices in America higher according to supermajor ExxonMobil

Exxon, Biden administration spar over fuel exports

ExxonMobil and the Biden administration are feuding over fuel exports after Energy Secretary Jennifer Granholm asked industry to limit its shipments abroad amid high fuel prices. This week, Exxon CEO Darren Woods wrote a letter to the administration, apparently disagreeing with its position that limiting exports would help U.S. consumers.  “Continuing current Gulf Coast exports is […]

Exxon, Biden administration spar over fuel exports

ExxonMobil and the Biden administration are feuding over fuel exports after Energy Secretary Jennifer Granholm asked industry to limit its shipments abroad amid high fuel prices. This week, Exxon CEO Darren Woods wrote a letter to the administration, apparently disagreeing with its position that limiting exports would help U.S. consumers.  “Continuing current Gulf Coast exports is […]

Exxon, Biden administration spar over fuel exports

ExxonMobil and the Biden administration are feuding over fuel exports after Energy Secretary Jennifer Granholm asked industry to limit its shipments abroad amid high fuel prices. This week, Exxon CEO Darren Woods wrote a letter to the administration, apparently disagreeing with its position that limiting exports would help U.S. consumers.  “Continuing current Gulf Coast exports is…

Exxon chief warns Biden is pushing for another gasoline price spike

(Image courtesy Unsplash)WND is now on Trump's Truth Social! Follow us @WNDNewsBy Jack McEvoy Daily Caller News FoundationExxon Mobil’s CEO, Darren Woods, warned that the Biden administration’s plan to cut back on fuel exports could reduce global supplies and hike gas prices, The Wall Street Journal reported Friday.Woods told the Department of Energy (DOE) in a letter that oil and gas producers should avoid curbing exports and stockpiling fuel, …

Exxon CEO Warns Biden Admin That Gas Export Strategy Is Likely to Backfire in a Painful Way

Biden wanted to limit oil and gas exports, but Exxon Mobil has warned that the free market must be allowed to regulate itself.