Oil companies have hit back against after the president accused them of intentionally exacerbating the strain on Americans' pocketbooks after the average price of gas per gallon surpassed $5.00.Exxon and Chevron said the Biden administration could be doing more to address the surging oil prices, accusing the president of 'imposing obstacles to our industry to deliver energy resources'. The president sent letters on Wednesday to Marathon Petroleum Corp, Valero Energy Corp., ExxonMobil, Phillips 66, Chevron, BP, and Shell to demand action on lowering gas prices at the corporate level and account for the surge.
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