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Bloomberg Talks
Chevron Chairman & CEO Mike Wirth Talks Trump's Energy Policy
Feb 5, 2025
Mike Wirth, Chairman and CEO of Chevron, shares insights into the evolving U.S. energy policy landscape. He discusses how tariffs could boost Venezuelan oil and Trump's commitments to increase domestic oil production. Wirth emphasizes the need for streamlined permitting processes and stable policies to guide energy investments. He also highlights the rising energy demands from data centers and electric vehicles, while addressing the challenges of transitioning away from coal in a reliable manner.
15:45
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Quick takeaways
- Mike Wirth highlights that Trump's energy policy aims to increase U.S. oil production amidst the evolving global energy landscape.
- Wirth emphasizes the critical need for streamlining the U.S. permitting process to enhance energy investment and infrastructure development.
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Discover
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