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White House tells oil industry ‘we need more’ as fuel prices soar

Energy secretary says nation on ‘war footing’ while Colombia warns on Venezuela overture

The US is engaged in an increasingly frantic search to replace oil supplies lost from Russia as it tries to repair diplomatic rifts abroad and boost production at home to stop fuel prices from spiralling out of control.

Jennifer Granholm, US energy secretary, on Wednesday told an audience of industry executives that the country was on a “war footing,” adding: “That means you producing more right now, where and if you can”.

Her plea for domestic oil companies to boost supplies is a pivot for a Biden administration that has burnished its green credentials, underscoring the new political reality after the US this week banned oil and gas imports from Russia.

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