White House Set to Meet With Oil Producers to Discuss Gas Prices After Hurricanes [Business News Network (BNN) (Canada)]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Business News Network
Plc, amid concerns about potential price spikes in the wake of hurricanes Ian and Fiona. The meeting is scheduled to involve National Economic Council director Brian Deese, Energy Secretary Jennifer Granholm and Amos Hochstein, a senior energy advisor within the State Department, according to a person familiar with the matter. The participants are expected to discuss refining operations and fuel supplies in the wake of the US response to the hurricanes, the person said. Executives are also expected to join from Valero Energy Corp., Phillips 66, BP Plc. and Marathon Petroleum Corp., said the person, who wasn't authorized to speak about the matter publicly. The White House didn't immediately respond to a request for comment. The meeting comes after President Joe Biden twice warned this week against oil companies hiking gasoline prices following the hurricanes. While gasoline prices are down by more than a dollar a gallon on average across the US since peaking in June, they remai
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