Big Oil Turns Unexpected Supporter of Biden’s Climate Law ...Middle East

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Big Oil Turns Unexpected Supporter of Biden’s Climate Law
source : OILPRICE ( Middle East ) () 100
The Inflation Reduction Act, also known as President Biden’s climate law, has found an unlikely support in the industry that many argue it wants to destroy: oil and gas. In the runup to the November elections, oil majors are telling Republican candidate Donald Trump not to kill the legislation—at least the parts set to benefit those majors. The Wall Street Journal reported the developments, citing unnamed sources as saying Occidental’s CEO, for instance, approached Trump directly during a campaign event to argue the case for leaving…

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