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Oct 29, 2021
10/21
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exxon mobil is set to report we'll have an exclusive interview with the ceo, darren woods.ell you what janet yellen just told us about the framework and speak to energy secretary jennifer granholm. the second hour of "squawk box" begins right now >>> good morning, and welcome back to "squawk box" right here on cnbc. we're live from the nasdaq site in time square do take a look at u.s. equity futures this hour on a friday morning. we're still about two and a half hours before the market is set to open, but we look like we're going to open down, off about 42 points right now nasdaq looking to open lower as well, about 140 points down. the s&p 500 looking to open off about 23 points. all of that a result, in part, because of apple, amazon, some of the other earnings we're hearing about, joe >> and let's get to dom, who is looking at what is moving in the market nasdaq stocks, maybe >> maybe nasdaq stocks like you were just talking about here if you take a look at the movers this morning, a lot of the sentiment will be driven by those two stocks we'll start with apple, dow comp
exxon mobil is set to report we'll have an exclusive interview with the ceo, darren woods.ell you what janet yellen just told us about the framework and speak to energy secretary jennifer granholm. the second hour of "squawk box" begins right now >>> good morning, and welcome back to "squawk box" right here on cnbc. we're live from the nasdaq site in time square do take a look at u.s. equity futures this hour on a friday morning. we're still about two and a half...
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Oct 29, 2021
10/21
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but exxon ceo darren woods says his company's position has changed our position that has continued toentific community with president biden heading to a climate summit in europe. the white house says he will also continue pressuring opec to increase oil production as a way to reduce gas prices. >> that may be the dumbest thing i've ever heard. ohio republican jim jordan says instead of attacking us oil companies for pumping oil. congress should be helping them produce more. god bless chevron saying they're going to increase production. what what is the gentleman want $8 gasoline in washington. i'm anna wiernicki. >> that was anna wiernicki reporting and the atmospheric river from the weekend made some progress and our drought crisis. the new drought monitor here on the right right here behind me is showing some parts of the bay area are now in extreme drought and on the left here, we can see last week's monitor where the conditions were a lot worse. all the areas in the bay area that are shaded in maroon means exceptional drought and as kron four's, charles cooper reports ball improve
but exxon ceo darren woods says his company's position has changed our position that has continued toentific community with president biden heading to a climate summit in europe. the white house says he will also continue pressuring opec to increase oil production as a way to reduce gas prices. >> that may be the dumbest thing i've ever heard. ohio republican jim jordan says instead of attacking us oil companies for pumping oil. congress should be helping them produce more. god bless...
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Oct 28, 2021
10/21
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. >> reporter: darren woods responded to the footage by saying the comments, quote, in no way representbyrinth of people and money connecting companies, think tanks, pr firms, all feeding into an echo channeler about of blogs and politicians. >> reporter: the fossil fuel messaging evolved to include social media targeting americans paved on their demographics and interests. >> we know there is an urgent need to tackle climate change. >> reporter: some users could see ads similar to this one from shell that touts their net zero plan by 2050 and this one from bp promoting methane regulation. the american petroleum institute funded in part by shell and bp uses facebook's advertising to target conservatives in key states such as arizona, with anti-climate policy ads, according to influence map, a non-profit, independent think tank a that has analyzed corporate spending in facebook ads. >> so this sort of speaking out of both sides of their mouths is an ongoing means by which fossil fuel companies divide the politics and emphasize global warming. >> reporter: they say they have recognized cl
. >> reporter: darren woods responded to the footage by saying the comments, quote, in no way representbyrinth of people and money connecting companies, think tanks, pr firms, all feeding into an echo channeler about of blogs and politicians. >> reporter: the fossil fuel messaging evolved to include social media targeting americans paved on their demographics and interests. >> we know there is an urgent need to tackle climate change. >> reporter: some users could see ads...
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Oct 29, 2021
10/21
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darren woods who is the ceo of exxonmobil. then we will hear from michael worth who is the ceo of chevron. next we will hear from david lawlor who is the ceo of bp america. next, ms. gretchen watkins, the president of shell oil. next, we will hear from mr. mike summers who is the president of the american petroleum institute. next, we will hear from ms. suzanne clark who is the president and ceo of the u.s. chamber of commerce. next, we will hear from neal crabtree, a former welder. thank you. the witnesses will be unmuted so we can swear them. please raise your right hands. do you swear or affirm that the testimony you are about to give is the truth, the whole truth, and nothing but the truth, so help you god? >> i do. >> i do. >> let the record show that the witnesses answered in the affirmative. >> madam chair. >> thank you, and without objection, your written statements will be made part of the record. with that, mr. woods, you are recognized for your testimony. >> madam chair. >> who seeks recognition? >> right here. i ha
darren woods who is the ceo of exxonmobil. then we will hear from michael worth who is the ceo of chevron. next we will hear from david lawlor who is the ceo of bp america. next, ms. gretchen watkins, the president of shell oil. next, we will hear from mr. mike summers who is the president of the american petroleum institute. next, we will hear from ms. suzanne clark who is the president and ceo of the u.s. chamber of commerce. next, we will hear from neal crabtree, a former welder. thank you....
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Oct 29, 2021
10/21
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CNBC
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darren woods talked about it after.w do you strike the balance to continues to meet the needs around the world with today's energy system, one that billions rely on, while society evolves into a lower carbon emissions future i think that balance is critical if you're not investing, your supplies are declining we're feeling that now, particularly as demand has picked back up again. >> so that sums it up. >> chevron invested big in 2016, they have -- they're doing about a little more than 3 million a day, but cokazakhstan, 100,000 more, but what i like about chevron, it's got actual growth, a dividend aristocrat record, a very big buyback i think this is the growth stock that people at home should own it is a very expensive growth stock. >>> wti is on pace for finally a weekly decline after about eight, nine weeks. this quarter was based on 60 to 70 oil so you can imagine what the next quarter will be like rather amazing well, let's. >>> get to starbucks >> there's some winners and loser today. we have to get to one that
darren woods talked about it after.w do you strike the balance to continues to meet the needs around the world with today's energy system, one that billions rely on, while society evolves into a lower carbon emissions future i think that balance is critical if you're not investing, your supplies are declining we're feeling that now, particularly as demand has picked back up again. >> so that sums it up. >> chevron invested big in 2016, they have -- they're doing about a little more...
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Oct 28, 2021
10/21
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darren woods who is the ceo of exxonmobil. then we will hear from michael worth who is the ceo of chevron. next we will hear from david lawlor who is the ceo of bp america. next, ms. gretchen watkins, the president of shell oil. next, we will hear from mr. mike summers who is the president of the american petroleum institute. next, we will hear from ms. suzanne clark who is the president and ceo of the u.s. chamber of commerce. next, we will hear from neal crabtree, a former welder. thank you. the witnesses will be unmuted so we can swear them. please raise your right hands. do you swear or affirm that the testimony you are about to give is the truth, the whole truth, and nothing but the truth, so help you god? >> i do. >> i do. >> let the record show that the witnesses answered in the affirmative. >> madam chair. >> thank you, and without objection, your written statements will be made part of the record. with that, mr. woods, you are recognized for your testimony. >> madam chair. >> who seeks recognition? >> right here. i ha
darren woods who is the ceo of exxonmobil. then we will hear from michael worth who is the ceo of chevron. next we will hear from david lawlor who is the ceo of bp america. next, ms. gretchen watkins, the president of shell oil. next, we will hear from mr. mike summers who is the president of the american petroleum institute. next, we will hear from ms. suzanne clark who is the president and ceo of the u.s. chamber of commerce. next, we will hear from neal crabtree, a former welder. thank you....