ExxonMobil Offers Scathing Response to Biden’s Letter to Oil Companies

ExxonMobil pushed back against the accusations President Biden lobbed against oil companies in his letter to executives this week. The company said it has “invested more than any other company to develop U.S. oil and gas supplies” at a cost of more than $50 billion in the last five years. These investments have brought about a nearly 50 percent increase in the company’s U.S. production.

RELATED: Oil and gas industry responds to Biden’s accusations. They are not impressed

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