U.S. Energy Secretary Jennifer Granholm told Republicans in a letter that restricting President Biden’s authority to tap U.S. oil reserves would undermine national security, lead to crude shortages, and raise prices at the pump, Reuters’ Nandita Bose and Jarrett Renshaw reports. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE). Reference Link
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