JPMorgan Chase CEO Jamie Dimon told President Biden the White House needs to create a “Marshall Plan” to develop more domestic gas and other energy resources, Axios has learned.
Why it matters: The Biden administration has been struggling to convince oil and gas companies to increase production more quickly after Russia's invasion of Ukraine sent prices soaring. Dimon told the president and his top economic aides additional gas production is needed both for Europe and America's energy security.
