Published 3 years ago

White House Urges OPEC to Boost Oil Output Amid Covid-19 Economic Recovery

Summary by Ground News

The White House is calling on OPEC and its oil-producing allies to boost production. The national average for a gallon of gas stood at $3.186 on Tuesday, according to AAA. The jump in gas prices comes on the heels of a rebound in oil prices. In May, the national average crossed the $3 mark for the first time since 2014.

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BBC News

White House urges action on oil as gasoline prices rise

The global recovery could falter if major oil-producing nations do not increase supply, says the White House.

3 years ago·United Kingdom

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Yahoo News

White House to call on OPEC to boost oil production as gasoline prices rise

“The president recognizes that gas prices can put a pinch on the family budget,” a senior White House official said.

3 years ago·Los Angeles, United States

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The Independent

Biden administration raises alarm on rising energy prices

President Joe Biden’s administration is raising alarms at home and abroad about rising energy prices slowing the nation’s recovery from the pandemic-induced recession

3 years ago·London, United Kingdom

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Reuters

Oil drops on report White House to ask OPEC to pump more

Oil fell below $70 a barrel on Wednesday, pressured by a CNBC report that the White House will call on OPEC and its allies to boost production in an effort to combat climbing gasoline prices.

3 years ago·United Kingdom

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Associated Press News

Biden administration sounds alarm on rising energy prices

WASHINGTON (AP) — President Joe Biden's administration is raising alarms at home and abroad about rising energy prices slowing the nation's recovery from the pandemic-induced recession. National Security Adviser Jake Sullivan on Wednesday called on the Organization of the Petroleum Exporting Countries to move faster to restore global supply of petroleum to pre-pandemic levels, as the White House asked the Federal Trade Commission to investigate …

3 years ago·United States

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abc News

Biden administration sounds alarm on rising energy prices

President Joe Biden’s administration is raising alarms at home and abroad about rising energy prices slowing the nation’s recovery from the pandemic-induced recession

3 years ago·United States

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