America’s powerful oil lobby is drawing new battle lines for Washington’s upcoming energy policy tussles.
The Biden administration has repeatedly called on the oil industry to put the cash windfall from high oil and gas prices back into the ground to accelerate output growth, rather than into the pockets of investors in the form of dividends and buybacks to lift their share prices.Foto: Joe Raedle/Getty Images
Justin Jacobs (FT)
Amanda Chu (FT)
Derek Brower (FT)
Myles McCormick (FT)
Publisert 12. January 2023, kl. 12.58Oppdatert 12. January 2023, kl. 12.58