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Exxon CEO warns Biden administration against limiting fuel exports

Por: Fox Business Business September 30, 2022

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The Schork Group co-founder and principal Stephen Schork says if the Biden administration wants to relieve gas shortages in local markets, it should rescind the Jones Act. ExxonMobil Corp. is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing that restricting shipments would further squeeze global supplies and lift pump prices at home. Exxon told the Energy Department this week that the oil... + full article



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