US majors respond to Biden’s letter by calling out federal policies

Companies argue they are working to increase refining capacity to help meet surge in demand

Record high prices: US President Joe Biden said that although Vladimir Putin is to blame for high fuel prices, oil and gas companies are putting the burden on US consumers
Record high prices: US President Joe Biden said that although Vladimir Putin is to blame for high fuel prices, oil and gas companies are putting the burden on US consumersPhoto: AFP/SCANPIX
Published 21 June 2022, 15:01Updated 22 June 2022, 12:40