business / news / / Washington Examiner
Chevron CEO predicts that air travel will “probably get worse over the next few weeks.” Wirth’s assessment goes against some earlier messaging within the Trump administration.
Chevron CEO Mike Wirth predicts gas prices will remain high even after the strait reopens.
KEY POINTS
- Wirth warns jet fuel costs could cause reduced flight availability and more crowded planes.
- Energy Secretary Chris Wright backtracked on claims gas prices have peaked amid market uncertainty.
- Peace talks to end the Iran war have stalled, maintaining elevated gas prices above $4 a gallon.
COMPANIES
Summarized by Newsio from Washington Examiner. How we summarize →