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Climate Politics

Exxon CEO Loves What Manchin Did for Big Oil in $370 Billion Deal

Darren Woods
Darren WoodsPhotographer: Christopher Pike/Bloomberg

Exxon Mobil Corp. CEO Darren Woods called the spending bill agreed to by Senate Majority Leader Charles Schumer and West Virginia Senator Joe Manchin “a step in the right direction.” 

“We’re pleased with the broader recognition that a more comprehensive set of solutions” is needed to go through the energy transition, Woods said on a conference call with analysts Friday after Exxon reported earnings.