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The Latest Breaking News from Mike Wirth

'Constructive' talk but no deal as Granholm meets oil execs - Roll Call

A meeting of oil executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices did not produce an agreement.

Roll Call

Biden summons Big Oil to meet on gas prices

New York (AFP) - The Biden administration has called oil giants to Washington Thursday to discuss what can be done to address runaway gasoline prices that are tanking the president's approval rating.

AFP

Why Biden can't bring gas prices down

Its conflicting goals are resulting in mixed messages and rising tensions with the energy industry.

Axios

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Oil Plunges As President Biden Calls For Gas Tax Holiday To Ease Pump Prices

President Biden's call for a Federal gas tax holiday could cost the nation's Highway Trust Fund around $10 billion in revenues.

The Street

Refiners led by Exxon face Biden’s wrath as profits explode

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambastes the industry for closing plants.

Tribune News Service

Stock Wars: Chevron Vs. ExxonMobil

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Boosted by oil prices, ExxonMobil, Chevron throw cash at investors

New York (AFP) - ExxonMobil and Chevron reported soaring profits Friday despite lower oil and natural gas volumes as the petroleum giants return billions of dollars to shareholders in the wake of lofty crude prices and refining margins.

AFP

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Chevron Stock Slips After Q1 Profits Leap On Gas, Crude Oil Surge

“First quarter financial performance saw return on capital employed increase and our balance sheet strengthen further,” said CEO Mike Wirth.

The Street

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