{"id":7692,"date":"2025-10-27T12:52:18","date_gmt":"2025-10-27T12:52:18","guid":{"rendered":"https:\/\/www.jubi24.com\/?p=7692"},"modified":"2025-10-27T12:52:19","modified_gmt":"2025-10-27T12:52:19","slug":"chevron-ceo-mike-wirth-applauds-trump-administrations-energy-policy-shift","status":"publish","type":"post","link":"https:\/\/www.jubi24.com\/?p=7692","title":{"rendered":"Chevron CEO Mike Wirth applauds Trump administration&#8217;s energy policy shift"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div> <!--&gt;--> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\"> &#8216;Sunday Morning Futures&#8217; host Maria Bartiromo offers a preview of her exclusive tour of the Permian Basin and interview with Chevron CEO Mike Wirth, examining how energy strength is linked to economic competitiveness.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p> In an exclusive conversation with FOX Businesss&#8217; Maria Bartiromo during a tour of the Permian Basin, Chevron CEO Mike Wirth said America\u2019s vast energy resources are not just an economic advantage \u2013 but also a matter of national defense \u2013 while praising President Donald Trump&#8217;s energy initiatives.<\/p>\n<p> &#8220;Energy security and national security are linked,&#8221; Wirth said in a preview of his interview on &#8220;Sunday Morning Futures,&#8221; which will air in full on &#8220;<a href=\"https:\/\/www.foxbusiness.com\/shows\/mornings-with-maria\" target=\"_blank\" rel=\"noopener\">Mornings with Maria<\/a>&#8221; Monday.<\/p>\n<p>&#8220;The U.S. is blessed with an abundance of natural resources,&#8221; he continued. &#8220;And we now have an administration that wants to see the energy industry invest in those resources to make sure that America&#8217;s energy strength translates into economic strength and competitiveness and, importantly, security.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/media\/expert-says-energy-abundance-rebalance-america-demand-hits-record-highs-nationwide\" target=\"_blank\" rel=\"noopener\"><strong><u>EXPERT SAYS ENERGY ABUNDANCE WILL \u2018REBALANCE\u2019 AMERICA AS DEMAND HITS RECORD HIGHS NATIONWIDE<\/u><\/strong><\/a><\/p>\n<p>Wirth spoke from the Permian Basin in Midland, Texas, home to America\u2019s richest pool of oil and gas, which is expected to provide 70% of U.S. oil production by 2040.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\">    <\/div>\n<div class=\"caption\">\n<p><span>In a preview of a &#8220;Mornings with Maria&#8221; exclusive from the Permian Basin, Chevron CEO Mike Wirth discusses how U.S. energy dominance ties to national security while praising Trump-era policies.<\/span><span> (FOXBusiness)<\/span><\/p>\n<\/div>\n<\/div>\n<p>&#8220;The Permian Basin will be producing for decades to come as we continue to innovate and find ways to improve recovery,&#8221; the CEO said.<\/p>\n<p>While primarily discussing the technology and innovation that will power U.S. energy independence, Wirth\u2019s interview follows the Trump administration\u2019s decision to purchase one million <a href=\"https:\/\/www.foxbusiness.com\/media\/energy-titan-harold-hamm-praises-trump-move-refil-oil-reserves-warns-price-shock-ahead-us-stalls\" target=\"_blank\" rel=\"noopener\">barrels of crude oil<\/a> to replenish the Strategic Petroleum Reserve and separately sanction two of Russia\u2019s leading oil companies.<\/p>\n<p>&#8220;We&#8217;ve gone from an administration that openly declared its intent to try to reduce and eliminate our industry over time, and we now have an administration that sees American energy strength, American energy dominance, as linked to economic competitiveness. We&#8217;ve seen a policy shift,&#8221; Wirth noted.<\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Chevron CEO Mike Wirth unpacks the deal with Hess on &#8216;Maria Bartiromo&#8217;s Wall Street.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&#8220;We&#8217;ve seen senior Cabinet officials that actually understand energy. And look, this administration wants to protect the environment as well. But it wants to use the resources of our country to support our economy and our security,&#8221; Wirth added, &#8220;and we&#8217;ve seen that in policies across the board.&#8221;<\/p>\n<p>Chevron\u2019s CEO highlighted the elimination of red tape in permitting processes that streamline the path from application to approval.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Energy Secretary Chris Wright gives an update on the Trump administration\u2019s effort to boost domestic rare earth mining and vows to \u2018break\u2019 dependence on China on \u2018Kudlow.\u2019<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&#8220;We&#8217;ve seen a reversal of policies that <a href=\"https:\/\/www.foxnews.com\/politics\/biden-issues-sweeping-offshore-oil-gas-drilling-ban-625m-acres-federal-waters-ahead-trump-transition\" target=\"_blank\" rel=\"noopener\">stopped lease sales<\/a> in the deep water [of the] Gulf of America, and we&#8217;ve now resumed lease sales in an area that&#8217;s got tremendous potential,&#8221; Wirth said.<\/p>\n<p>&#8220;The thing that would be really most important now is to see those codified in legislation that ensures that they&#8217;re durable. We&#8217;ve got a long-term plan that we have continued to follow,&#8221; he expanded. &#8220;We&#8217;re investing two-thirds of our global capital spending, which is between $15 and $20 billion this year, is right here in the United States. If you go back a decade or more ago, it was reversed \u2013 most of the spending was going outside of this country.&#8221;<\/p>\n<p><a href=\"https:\/\/foxbusiness.com\" target=\"_blank\" rel=\"noopener\"><strong><u>READ MORE FROM FOX BUSINESS<\/u><\/strong><\/a><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.foxbusiness.com\/media\/chevron-ceo-applauds-trump-administrations-energy-policy-shift-during-permian-basin-tour\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;Sunday Morning Futures&#8217; host Maria Bartiromo offers a preview of her exclusive tour of the Permian Basin and interview with Chevron CEO Mike Wirth, examining how energy strength is linked to economic competitiveness. In an exclusive conversation with FOX Businesss&#8217; Maria Bartiromo during a tour of the Permian Basin, Chevron CEO Mike Wirth said America\u2019s &#8230; <a title=\"Chevron CEO Mike Wirth applauds Trump administration&#8217;s energy policy shift\" class=\"read-more\" href=\"https:\/\/www.jubi24.com\/?p=7692\" aria-label=\"Read more about Chevron CEO Mike Wirth applauds Trump administration&#8217;s energy policy shift\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-7692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2025\/10\/Chevron-CEO-Mike-Wirth-applauds-Trump-administrations-energy-policy-shift.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/7692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7692"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/7692\/revisions"}],"predecessor-version":[{"id":7694,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/7692\/revisions\/7694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/7693"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}