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

Summary by Ground News

Exxon Mobil has warned against efforts to curtail fuel exports by the White House administration. The company said tightening fuel export shipments would put pressure on global supplies and raise fuel prices in the US.

2 months ago·Washington, United States

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The Hill

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…

2 months ago·Washington, United States

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The Daily Caller

Exxon CEO Raises The Alarm Bell About Biden’s Latest Energy Plan

Exxon Mobil's CEO, Darren Woods, warned that the Biden administration's plan to cut back on fuel exports could reduce global supplies and hike fuel prices.

2 months ago·Washington, United States

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Oil & Gas 360

Exxon tells U.S. administration fuel export curbs will raise gasoline prices

Oil PriceThe 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, U.S. supermajor ExxonMobil has warned.…The post Exxon tells U.S. administration fuel export curbs will raise gasoline prices appeared first on Oil & Gas 360.

2 months ago·Denver, United States

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WND

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, …

2 months ago·Medford, United States

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Wall Street Journal

Exxon CEO Warns Biden Administration Against Limiting Fuel Exports

Exxon argues against push to get energy companies to slow overseas shipments and stash more fuel in storage tanks

2 months ago·New York, United States

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Seeking Alpha

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

Exxon Mobil (XOM) has warned against efforts to curtail fuel exports by the White House administration, according to a letter viewed by The Wall Street Journal. In the letter to the...

2 months ago·United States

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