U.S. Energy Secretary Urges More Oil Output: CERAWeek
- Nigerian oil minister sees crude reaching $200 before dipping
- U.S. energy department giving out billions to cut emissions
Technicians prepare for the start of the 2022 CERAWeek by S&P Global conference in Houston, Texas.
Photographer: F. Carter Smith/BloombergThis article is for subscribers only.
It’s the third day of CERAWeek by S&P Global in Houston, one of the energy industry’s biggest annual gatherings and an event that hasn’t taken place in person in three years because of the pandemic.
The conference is happening against a backdrop of upheaval in energy markets following Russia’s invasion of Ukraine. Much of the debate on stage has focused on how the U.S. oil industry can respond to the surge in crude prices. The bosses of Occidental Petroleum Corp. and Pioneer Natural Resources have been among those calling for the Biden administration to be more supportive of the sector.