A top White House official said there was an “energy crisis” in the U.S. and urged foreign fossil fuel producers to ramp up production to quell it.
“We see this as an energy crisis because this is not just natural gas prices that have been elevated, but crude oil is at very high levels at the moment … and gasoline prices in the United States today are at seven-year highs as natural gas peaks at the same time,” White House energy adviser Amos Hochstein remarked during a virtual event hosted by the International Energy Forum on Thursday. “So I think this is an energy crisis.”
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