Biden Aide Says Oil Companies Can Up Production If They Want
- ‘Price signal is strong,’ Ramamurti says in interview
- Energy executives have complained about Biden policies
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A White House official said Tuesday that U.S. oil and gas companies should increase production if they want, pushing back against executives who’ve criticized Biden administration energy policies as prices soar.
“Prices are quite high, the price signal is strong. If folks want to produce more, they can and they should,” White House National Economic Council Deputy Director Bharat Ramamurti said in a Bloomberg Television interview.