Gas prices keep rising, but do big oil companies plan to drill more? Not so far

Source: NPR Topics: News · Bias: Center

Summary

The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.

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Gas prices keep rising, but do big oil companies plan to drill more? Not so far
NPR Topics: News

Gas prices keep rising, but do big oil companies plan to drill more? Not so far

Center

The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.