JPMorgan CEO Dimon: U.S. Energy Industry Needs "Marshall Plan"

The U.S. oil and gas industry needs a "Marshall plan" to boost gas production, according to the chief executive of JP Morgan, Jamie Dimon, who recommended this approach to the White House, Axios reported this week. The recommendation comes as the federal government demonstrates confidence that U.S. oil companies will increase output by the end of the year. "There will be a significant increase in supply by the end of this year, and we're hopeful that they live up to that," Energy Secretary Jennifer Granholm told reporters as quoted by Reuters.…