The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector. Exxon Mobil CEO Darren Woods and Chevron CEO Michael Wirth said tariffs on imported steel would raise costs on new projects at a time the industry is seeking to expand domestic pipelines and expand LNG export facilities – both areas of interest to President Donald Trump.
Source: FuelFix