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Chevron CEO Sees Obligation to Explain Fracking to Politicians

  • Mike Wirth says in interview that’s he’s open to discussions
  • Democratic candidates advocate varying degrees of restriction
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Wirth speaks with Alix Steel on "Bloomberg Markets" Source: Bloomberg)

Chevron Corp. Chief Executive Officer Mike Wirth said he’s open to discussing fracking with whoever wins the 2020 U.S. presidential election.

Just hours after unveiling plans to double oil production in the Permian Basin over the next five years, Wirth said Tuesday that he and the rest of the energy industry have an “obligation” to explain the process involved in accessing crude trapped in dense shale formations.