stable natural gas policy, balanced conversation needed, says chevron CEO

Chevron Chairman and CEO Mike Wirth delivered a keynote address during the recent Gastech 2024 conference. In it, he highlighted the need for a balanced approach to energy policy and underscored natural gas as a key enabler of a lower carbon future.

Here are three takeaways from his speech:

• A balanced and more optimistic conversation on the future of energy rests on three pillars: an agreement that we all want a lower carbon future, a recognition that progress is being made, and an understanding that the energy transition requires unprecedented collaboration.
• Energy producers need a stable, predictable policy environment to ensure that natural gas remains a reliable source of energy.
• Natural gas could help power the rapid growth of artificial intelligence (AI): "AI advances will depend not only on the design labs of Silicon Valley, but also on the gas fields of the Permian Basin," Wirth said.