CVX Jun 2025 185.000 call
- Bloomberg
Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon
(Bloomberg) -- The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas export permits as the key policy they want changed under the next US president.Most Read from BloombergPipe Fire Near Houston Forces Residents to EvacuateCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughLondon Mayor Plans to Pedestrianize Busy Oxford StreetTo Build a Happier City, Design for DensityAn Artist Reimagines the Spaces of Childhood, With Thorny
- Reuters
Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI
HOUSTON (Reuters) -Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI). "AI’s advance will depend not only on the design labs of Silicon Valley, but also on the gas fields of the Permian basin," Wirth said at Gastech conference in Houston. Chevron, the No.2 U.S. oil producer, is one of the top players in the Permian basin that straddles Texas and New Mexico.
- Zacks
Chevron (CVX) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Chevron (CVX) closed at $142.09, marking a +1.05% move from the previous day.
