Oil CEOs Celebrate Trump’s Pivot Back to Fossil Fuels
Executives embrace the administration’s tone at Houston’s CERAWeek conference — but views on prices may cause friction down the line.
US Energy Secretary Chris Wright said he wants to reverse what he called a “very poor direction in energy policy.”
Photographer: Aaron M. Sprecher/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities markets powering the global economy. Today, Senior Executive Editor Will Kennedy conveys the mood from the first day of global oil and gas get-together CERAWeek.
CERAWeek’s opening sermon was delivered by US Energy Secretary Chris Wright, and his paean to fossil fuels was greeted with great enthusiasm by the Houston congregation.