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Big Oil Companies Warm to Biden After Years of Bad Blood

Business,Big Oil,Oil,Gas Prices,Joe Biden,Energy,Sustainability,2024 Presidential Election

From the Center

Heading into an election in which energy prices figure to be a key issue, President Biden and some of the country’s biggest oil companies have reached a surprising detente.

The truce comes after years of acrimony: The White House routinely slammed windfall oil-and-gas profits as pump prices surged in 2022, and industry executives bemoaned Biden’s campaign promise to transition the U.S. away from oil.

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