American oil producers have urged President Joe Biden to focus his attention on ramping up domestic production in the wake of his failure to persuade Saudi Arabia to pump more crude.
Biden met with Saudi officials on a recent trip to the Middle East, where he did not manage to secure a pledge to ramp up oil production, something his administration has been pushing for in a bid to cool soaring gasoline prices.
The American Petroleum Institute (API), a fossil fuel industry group, said in a statement Monday that rather than pleading with foreign suppliers, Biden should instead focus his attention on U.S. oil and gas producers….