The Exxon Mobil Corportation fired back at President Joe Biden’s letter calling on U.S. energy producers to bring “near-term solutions” to address rising gas prices and decades-high inflation.
“In the short term, the U.S. government could enact measures often used in emergencies following hurricanes or other supply disruptions—such as waivers of Jones Act provisions and some fuel specifications to increase supplies,” the oil giant said in a news release Wednesday.