President Joe Biden on Tuesday said Chevron CVX, +4.19% CEO Michael Wirth seemed thin-skinned about criticism from the White House.
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. I didn't know they'd get their feelings hurt that quickly." 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.
How about taking away some of the tax breaks they receive?
Says all the villains. 😂
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