Exxon Mobil, Chevron push back on Biden blaming industry for oil prices ...Middle East

ExxonMobil and Chevron released statements this week saying the Biden administration could be doing more to address oil prices as the president has gone after the companies for making large profits while gas prices spike.  On Tuesday, President Biden slammed oil executives in a letter saying they had unacceptable high profit margins while regular Americans are suffering and calling on the industry to work with the administration to address increased prices from the Russian invasion of Ukraine.  “We understand the significant concerns around higher fuel prices currently faced by consumers around the country, and the world. We share these concerns, and expect the Administration’s appr

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