U.S. Secretary of Energy Jennifer M. Granholm recently met with CEOs and executives of the seven major U.S. oil companies.
Granholm reminded the oil companies they "must deliver solutions to ensure secure, affordable supply," according to a June 23 news release.
"TODAY: @SecGranholm met with several major oil executives to discuss ways how we can work together to lower prices at the pump for American consumers and deliver solutions to ensure secure, affordable supply," the U.S. Department of Energy posted June 23 on Twitter.
“The meeting was a productive dialogue focused on creating an opportunity with industry to work with government to help deliver needed relief to American consumers,” White House Press Secretary Karine Jean-Pierre said according to RollCall. “The secretary made clear that the administration believes it imperative that companies increase supply of gas, and she reiterated that the president is prepared to act quickly and decisively, using the tools available to him as appropriate.”
The news release reported, Granholm told the companies the administration finds it important they "bring supply online to get more gas to the pump at lower prices." According to RollCall Chevron CEO Mike Wirth, the meeting was “a constructive conversation about addressing both near-term issues and the longer-term stability of energy markets.”