U.S. Energy Secretary Calls On Oil Industry To Pump More

U.S. Energy Secretary Jennifer Granholm has called on the oil industry to ramp up production in response to soaring fuel prices. "We are on a war footing," Granholm said at the CERAWeek industry conference, as quoted by Bloomberg. "The DOE and the Biden Administration is ready to work with you. We need oil and gas production to rise." As for the administration's energy transition agenda, Granholm said the transition and a short-term ramp-up in oil supply were not mutually exclusive. "We can walk and chew gum at the same time," she said. True…