Pres. Biden Hosts Climate Meeting Amid High Gas Price Pressure

President Biden is balancing climate goals with energy demands. He plans to announce new climate initiatives, including a US-EU effort to cut methane emissions by 30% by 2030. However, his call for increased oil production to combat rising gas prices conflicts with these goals. The White House is engaging with oil CEOs to address high gas costs, while Energy Secretary Granholm states that all options are being considered. Oil executives seek more drilling leases and fewer environmental restrictions, which Biden hesitates to grant. The White House aims for a constructive dialogue with the industry.

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