Biden Feud With Big Oil Ratchets Up Just as World Needs More US Oil
- White House frustrated as oil producers reap record profits
- Industry cites conflicting policy priorities, lack of trust
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As October drew to a close, the White House saw another potential energy flash point on the horizon.
Diesel and heating oil inventories in the US Northeast were getting worryingly low. Officials swung into action, organizing a series of calls between Energy Secretary Jennifer Granholm and several of the country’s biggest oil refiners to discuss strategies to boost stockpiles. The tone was cordial, according to people with knowledge of the conversations.