Mike Wirth, who has seen many booms and busts over the more than 40 years he has been with the energy giant, said that “when the world stops using oil and gas, we’ll stop looking for it.”
While Mike Wirth, the chief executive of Chevron, said oil production was still in demand, his company is also investing in new technologies, like hydrogen, lithium and renewable fuels.
The looming energy crisis in Anchorage offers a lesson in the downsides of relying on fossil fuels.
Friederike Cook, 61, keeps a close eye on her utility bills. “It’s rather daunting when you’re looking at the price of everything else living here,” she said.
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