Vice President JD Vance and Energy Secretary Chris Wright will meet Thursday with the oil industry as the White House looks for ways to address surging fuel prices.
U.S. governors and bipartisan leaders in Congress will also attend the meeting at the American Petroleum Institute in Washington, D.C. API is the lobby group that represents all the big U.S. oil and gas companies.
They will discuss “supporting reliable energy supply amid global volatility,” a spokesperson for API told CNBC.
Vance said Wednesday that the White House will announce additional measures in the next 24 to 48 hours to address rising fuel prices.
“We’ve got a problem, we know we have a problem and we’re doing everything we can to address it,” Vance said at an event in Auburn Hills, Michigan. “We’ve got a rough road ahead of us for the next few weeks, but it’s temporary,” the vice president said.
