The energy crisis should be treated 'almost as a matter of war at this point, nothing short of that,' JPMogran Chase CEO Jamie Dimon said on Monday.
He also said countries like China, Indonesia, Germany and the Netherlands have turned back to coal amid the energy crisis.
CEO Jamie Dimon during the inauguration of the new French headquarters of JPMorgan on June 29, 2021, in Paris. "In my view, America should have been pumping more oil and gas, and it should have been supported," he told CNBC. Dimon noted it "sounds like" Europe has enough energy supplies to get through the winter, at which point he pivoted to the "longer-term problem" of the global oil and gas crisis. The"America is the swing producer, not Saudi Arabia," he said. "And we should have gotten that right starting in March.
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