US energy secretary calls for doubling global oil output in Davos

Core Viewpoint - The world needs to more than double oil production according to U.S. Energy Secretary Chris Wright, who criticized the European Union and California for misallocating funds on alternative energy initiatives [1] Group 1 - U.S. Energy Secretary Chris Wright emphasized the necessity for a significant increase in global oil production to meet future energy demands [1] - The criticism directed at the European Union and California highlights concerns over their investment strategies in renewable energy, suggesting a misallocation of resources [1]