Commodities and Futures News

Chevron CEO calls on White House to stop criticizing oil industry

2022.06.21 21:21

Chevron CEO calls on White House to stop criticizing oil industry
FILE PHOTO: Michael Wirth, Chairman and CEO Chevron Corp., speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 1, 2022. REUTERS/Brendan McDermid/File Photo

HOUSTON (Reuters) – Chevron (NYSE:CVX) Chief Executive Michael Wirth on Tuesday rebutted White House officials’ criticism of the oil industry over energy costs, saying bringing down fuel prices will require a change in approach by the government.

The White House asked the CEOs of six oil companies including Chevron to a meeting this week to discuss ways to reduce high energy prices. Wirth said he would attend.

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