Biden calls Chevron CEO ‘mildly sensitive’ after oil exec asks president to change approach to industry
President Biden on Tuesday said Chevon CEO Mike Wirth was being 'mildly sensitive' when asked to respond to the oil exec's plea to take a different approach.
During a press conference, Biden was asked torespond to Wirth’s letter, in which he argued that the president’s vilification of the industry was doing nothing to help lower record-high gas prices. FILE: President Joe Biden speaks about the newly approved COVID-19 vaccines for children under 5, Tuesday, June 21, 2022, from the Roosevelt Room of the White House in Washington.
(AP Photo/Susan Walsh / AP Newsroom)"He’s mildly sensitive. I didn’t know they’d get their feelings hurt that quickly," Biden said. "Look, we need more refining capacity. This idea that they don’t have oil to drill and to bring up is simply not true."Read more: FOX Business »
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vs mildly coherent Basically Biden told the oil companies your out of business soon, what else are they going to do! The FIRST UNITED STATES President in History who says; “I CAN’T”!!!! Draft Dodging Vietnam Football Hero with “ASTHMA”! Liar and traitor; Russia and Chinese colluding RAT!! Democrat Terrorist RICO Party!! Federal Prison with Josephine and HUNTER!!!
Rich coming from a basement dweller that falls of a bike Take the house midterms and then impeach Brandon and Giggle box to save this country. Reverse 230! I call biden mildly impacted by dementia
Biden describes Chevron CEO as 'sensitive' after exec says industry has been vilifiedPresident Joe Biden on Tuesday said Chevron undefined CEO Michael Wirth seemed thin-skinned about criticism from the White House. Asked to comment on a... Says all the villains. 😂 How about taking away some of the tax breaks they receive?
Biden Trades Sharp Words With Chevron Chief Over High Gas PricesThe president said he 'didn’t know [oil company executives would] get their feelings hurt that quickly.'
Biden, Chevron Chief Trade Sharp Words Over Gas PricesIn a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.” The president in recent weeks has criticized oil producers and refiners for maximizing profits and making… Lying as usual. Production is increasing but as with everything else Biden and Newsom dont truly want increased oil production. So many road blocks by democrats. They are partying in the back room iver high oil prices. Bay area is right there with them. Maybe we can all ride bikes like him 🤣🤣
Biden, Chevron chief trade sharp words over gas pricesBiden says he has little sympathy for the oil companies and that they need to increase production. You go Joe. Go after the Big Oil harder. They get diplomatic and military protection from the USA. It’s time for them to be patriotic. POTUS WHCOS Big Oil
Chevron CEO Mike Wirth calls on Biden to end hostilities towards Big Oil ahead of Thursday gas price showdownChevron CEO & Chairman Mike Wirth on Tuesday urged President Biden to take a different approach to the oil industry to help combat rising fuel prices. Uh, isn't Big Oil enjoying record profits right now, thanks to Fox News and the GOP deflecting the blame for price gouging on Biden. GOP voters are such gullible marks. Let’s go back to Trumps policy where gas was so cheap it bankrupted the oil industry instead of record profits
Texas GOP calls Biden 'acting president'Texas GOP delegates this past weekend overwhelmingly passed a resolution rejecting the 2020 election results: 'We hold that acting President Joseph Robinette Biden Jr. was not legitimately elected.' When you share a brain you have to pick someone who actually has one. Then who’s to blame for the high gas prices?
on Tuesday dismissed Chevron CEO Mike Wirth’s plea to take a different approach with the oil industry, saying the oil executive was being "mildly sensitive.President Joe Biden on Tuesday said Chevron CVX, +4.The president said he"didn’t know [oil company executives would] get their feelings hurt that quickly.Family Engraves Dad's Headstone With an Explicit Catchphrase — and People Are Offended Asked about those comments, Biden displayed no sympathy.
" During a press conference, Biden was asked to respond to Wirth’s letter , in which he argued that the president’s vilification of the industry was doing nothing to help lower record-high gas prices. FILE: President Joe Biden speaks about the newly approved COVID-19 vaccines for children under 5, Tuesday, June 21, 2022, from the Roosevelt Room of the White House in Washington. Asked to comment on a letter in which the oil executive said the Biden administration has at times vilified the oil industry and called for the White House to change its approach, Biden replied: "He's mildly sensitive. (AP Photo/Susan Walsh / AP Newsroom) "He’s mildly sensitive. Advertisement Michael Wirth, chairman and CEO of Chevron, sent Biden a letter via email on Tuesday that said the president’s own words have been self-defeating in terms of encouraging companies to boost their output. I didn’t know they’d get their feelings hurt that quickly," Biden said." The president also sounded hopeful:"We ought to be able to work something out whereby they're able to increase refining capacity and still not give up on transitioning to renewable energy. "Look, we need more refining capacity.” Average gas prices are nearly $5 a gallon nationwide, a strain on commuters and a political albatross for Biden’s fellow Democrats going into the midterm elections.
This idea that they don’t have oil to drill and to bring up is simply not true.” The oil company CEO said he wanted a more cooperative relationship with the government." He added: "We ought to be able to work something out whereby they’re able to increase refining capacity and still not give up on transitioning to renewable energy. They’re both within the realm of possibility." BIDEN ADMINISTRATION DELAYS OIL AND GAS LEASE SALES AGAIN AMID ENVIRONMENTAL PROTEST Biden sent a letter to oil executives last week, chastising them for running "historically high profit margins" and not doing enough to lower fuel prices.” Asked about those comments, Biden displayed no sympathy. In his letter to Biden, Wirth argued that Chevron was "doing its part … by increasing capital expenditures to $18 billion in 2022, more than 50% higher than last year. The clash between the Biden administration and oil producers and refiners unfolded ahead of a Thursday meeting that Energy Secretary Jennifer Granholm will hold with energy companies.
" FILE: 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. Look, we need more refining capacity.S., March 1, 2022. (REUTERS/Brendan McDermid/File Photo / Reuters Photos) "Chevron and its 37,000 employees work every day to help provide the world with the energy it demands and to lift up the lives of billions of people who rely on these supplies," Wirth said. That has left the White House scrambling for solutions, including a possible suspension of the 18. Schiff said in a statement that he has been in touch with the White House to encourage the gas tax holiday, adding, “But we shouldn’t stop there.
"Notwithstanding these efforts, your Administration has largely sought to criticize, and at times vilify, our industry. These actions are not beneficial to meeting the challenges we face and are not what the American people deserve." Data from the U. The gas tax funds highways, but Biden said Tuesday any lost revenue would not have a major impact on road construction because of last year’s $1 trillion infrastructure law.S. Energy Information Administration shows oil refineries are operating at near peak capacity. In an address Tuesday at the Economic Club of New York, a non-profit, non-partisan business group, Target CEO Brian Cornell called the gas tax holiday a temporary “mini stimulus” that does nothing to fundamentally change the supply and demand curve for fuel and transportation.
Weekly U. But Rep.S. percent utilization of refinery operable capacity. (EIA / Fox News) The clash between Biden and Wirth comes ahead of a Thursday meeting that Energy Secretary Jennifer Granholm will hold with energy companies. Schiff said in a statement that he has been in touch with the White House to encourage the gas tax holiday, adding, “But we shouldn’t stop there. CLICK HERE TO GET THE FOX BUSINESS APP Average gas prices are nearly $5 a gallon nationwide, a strain on commuters and a political headache for Biden's fellow Democrats going into the midterm elections. “Refineries are even more constrained now so supply is nearly fully inelastic,” he wrote on Twitter.
That has left the White House scrambling for solutions, including a possible suspension of the 18.4 cents a gallon federal gas tax. Democratic proposals to impose a “windfall profits” tax on oil producers have generated little support in Congress. Biden plans to decide by the end of the week if the tax should be suspended, a move meant to relieve price pressures and that would need approval from a reluctant Congress. The Associated Press contributed to this report . . “We have a classic supply-and-demand challenge,” Cornell told the audience. “Americans are going to do what they feel is right for themselves and for their family,” Jean-Pierre said.