Energy industry leaders in the U.S. are urgently seeking a clear and stable energy policy from the government as they prepare for the upcoming presidential election. The sector has experienced substantial investment flows over the past few years, driven by evolving energy policies. However, companies like Chevron, led by CEO Mike Wirth, emphasize the critical need for policy consistency to maintain this financial momentum.

Wirth highlights that consistent and coherent energy policies are essential for ensuring affordable and reliable energy supplies, which in turn, helps manage inflation. This is particularly significant as energy forms a pivotal part of the global economy. Wirth warns of potential worldwide inflationary effects if energy supplies are disrupted due to political decisions.