Biden, Chevron Chief Trade Sharp Words Over Gas Prices

Chevron CEO Michael Wirth wrote to President Biden, urging him to stop blaming oil companies for high gas prices and suggesting a change in approach. Biden responded by emphasizing the need for more refining capacity and dismissed claims of insufficient oil for drilling. He also mentioned the possibility of increasing refining capacity while transitioning to renewable energy. Wirth's letter highlighted the need for clarity from the federal government on drilling and infrastructure. The White House plans to meet with Chevron and other oil companies to discuss boosting production.

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