“The Biden administration has flirted with lifting oil sanctions on once-shunned Venezuela to temper surging oil prices, yet it appears unwilling to encourage investment in domestic energy production,” Fox News reported.
Meanwhile, Biden’s advisers “are discussing a possible visit to Saudi Arabia this spring to help repair relations and convince the Kingdom to pump more oil,” Axios reported.
But one Canadian energy official last week expressed frustration with the Biden administration for not just turning to its neighbor to the north, which is among the world’s top oil producers.
