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Energy Boost: Chevron CEO & U.S. Labor 12/02/22

Energy Boost: Chevron CEO & U.S. Labor 12/02/22

FromSquawk Pod


Energy Boost: Chevron CEO & U.S. Labor 12/02/22

FromSquawk Pod

ratings:
Length:
31 minutes
Released:
Dec 2, 2022
Format:
Podcast episode

Description

The U.S. economy added 263,000 jobs in November, surpassing estimates despite the Federal Reserve’s aggressive efforts to curb inflation. Average hourly earnings also rose month-over-month, which is good news for workers, but bad news for the Fed’s plan to slow interest rate hikes. Ahead of OPEC+ meeting this weekend and the EU’s looming ban on Russian oil imports, Chevron CEO Michael Wirth discusses the global energy landscape, Chevron’s new license to boost Venezuelan oil production, and working with the Biden administration on energy goals. The Senate voted to pass a labor deal, averting a nationwide railroad worker strike but failing to secure the workers the guaranteed paid sick leave that their unions were hoping for. Plus, Kanye West is suspended from Twitter, and Floridian lawmakers are mending fences with Disney.  In this episode:Mike Wirth @ChevronBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY
Released:
Dec 2, 2022
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.