WASHINGTON: With oil prices high and Americans paying more for gasoline, US Energy Secretary Jennifer Granholm on Wednesday called for oil companies to increase production and offset the spike in pump prices.
The surge in energy costs is a consequence of Russia’s invasion of Ukraine, which prompted Washington and its European allies to impose tough sanctions on Moscow, including a US ban on Russian oil imports announced Tuesday.
“We are on war footing. We are in an emergency and we have to responsibly increase short-term supply where we can right now to stabilize the market and to minimize harm to American families,” Granholm told the CERAWeek energy conference in Houston.
“In…
