As the country continues to suffer record-breaking gas prices, leaders of American energy companies are firing back at Biden, accusing his administration of the reason why gas prices are so high.
Mike Wirth, CEO of Chevron wrote a letter to Joe Biden, addressing Biden’s threats of repercussions if oil companies didn’t produce more.
In his letter, Wirth said, “Addressing this situation requires thoughtful action and a willingness to work together, not political rhetoric.” He went on to say, “Your Administration has largely sought to criticize, and at times vilify, our industry.”
Wirth’s comments come after Biden targeted the oil industry, and Exxon Mobil specifically, saying they were making “more money than God,” while not doing enough to increase production.
Wirth also said in his statement, “The U.S. energy sector needs cooperation and support from your Administration for our country to return to a path toward greater energy security, economic prosperity, and environmental protection.”
Wirth also said, oil companies “need clarity and consistency on policy matters ranging from leases and permits on federal lands, to the ability to permit and build critical infrastructure, to the proper role of regulation that considers both costs and benefits.”
Biden responded to the letter by saying “I didn’t know they’d get their feelings hurt that quickly. We need more refining capacity. This idea that they don’t have more oil to bring up and refine is simply not true.”
