Energy companies are asking the White House for a more steady approach after a whirlwind few weeks of tariff threats and changing policies that have buffeted the industry.
“Swinging from one extreme to another is not the right policy,” Chevron chief executive Mike Wirth said as CERAWeek, one of the oil industry’s biggest annual conferences, kicked off in Houston. “We really need consistent and durable policy.”
Chevron has been an early and direct target of the shifting stances taken by the new administration. Last month, President Donald Trump said he would end a licence that has allowed the oil company to export oil from Venezuela since 2022.
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