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Is fuel price unbearable? The U.S. Department of Energy called on the world to increase oil and gas production

 Last Update: 2023-02-16
 Source: Internet
 Author: User

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natural gas prices

gas prices reno

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According to a report by the Russian Satellite News Agency on June 20, US Energy Secretary Granholm said that the US government called on all oil and gas producers, including OPEC, to increase production so that high fuel prices can fall
.

According to the report, Granholm said in an interview with CNN: "The president of the United States asked all suppliers around the world to increase production
.
Including OPEC and domestic oil and gas producers
in the United States.
”

She added that she herself plans to hold talks with U.
S.
oil and gas company chiefs next week to discuss capacity shortages
.

She said experts predict gasoline prices will fall in the third quarter, from the current $5 a gallon to $4.
27
.
But it's also possible that unexpected events can break that prediction,
she added.

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