The Secretary of Energy of the United States, Jennifer Granholm, asked the oil companies on Wednesday to increase the supply of crude oil in the face of the emergency that exists due to the Russian invasion of Ukraine.
Speaking at the annual CERAWeek energy conference in Houston, Texas, Granholm stressed that the impact of high oil prices is “real and serious.” “In this time of crisis, we need more supplies. And that means you guys producing more right now,” she noted with unusual candor.
Granholm warned that Russian President Vladimir Putin is “cornered” by sanctions and “can do anything.”
In this sense, he showed the willingness of the government of US President Joe Biden to collaborate with the private sector and pointed out that production can be increased “in the short term” while working towards a transition towards clean energy.
This Tuesday, the White House admitted that the war in Ukraine has caused an increase of US $ 0.75 in gasoline per gallon (3.78 liters) for Americans, for which it maintains contacts with producing countries to increase supply, such as Saudi Arabia or Venezuela, countries with which Washington has had tense relations.
Since Russia began its invasion of Ukraine almost two weeks ago, and following harsh sanctions by Western countries on its economy and financial system, fuel prices have soared on fears of global supply shortages.
This Tuesday, the United States and the United Kingdom announced the veto on oil imports from Russia.
The barrel of reference in the country, that of Texas (WTI), is going through a week of great volatility in which it reached a peak of US$130 registered on Sunday, a maximum not seen since the summer of 2008, although today it has dropped to the $112.
EFE
Source: Larepublica
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