i sat on with ceo mike wirth and asked him what kind of policy and oil price assumptions chevron is working with in its plants. mike: the range of uncertainty is wider on technology, cost, rate of market development. the aero bars are larger, but we really focus into geographies where we think the right combination exists. these are places where we have the capabilities, assets, and customers to start these businesses up. california is a great example, where our headquarters are. california has carbon pricing policies that exist to incentivize investment. we are building a carbon negative powerplant in california, working on hydrogen out to retail in the transport sector, renewable natural gas, sustainable aviation fuel business is where california, where it begins. we believe those learnings will help us extend into other markets, other geographies, and policy will evolve. alix: how price-sensitive is it? if oil goes from 75 to 40, do you rethink that plan? mike: we are a long-term allocator of capital. with covid, we saw negative oil prices and real questions, be bold capital spending dow

solar is a little weak we heard from mike wirth we'll hear him talk later today. solar's been weak. why? it's under a lot of pressure the prices are coming down, but i like it. it's the best of the group listen, everybody. including mark from south carolina, why not. we need pretty much all of these before i can start feeling better if we get them all, the market could soar if not let's just say, we'll keep getting what we did today, a nice rally and we start selling again. "mad money" from capturing carbon to capturing wall street's attention i'm learning about the plans for sustainable future is a carbon company going carbon free jumping over 70% growing is red hot it could be outcooking kingpin continuing to scorch the competition? i'm getting the latest on the connected world with the head of cisco. so stay with cramer. >>> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. [swords clashing] - had enough? - no

alix: that was part of my interview with mike wirth. ound interesting is, mike is saying the oil market is broken, because the signal you are getting from the market is not what the oil companies are executing on. they are different in ways that were not before, and no one knows how that part will wind up playing out. guy: another part of the market that is broken, particularly the bond market. my take away from that conversation is he is cautious, and i wonder if that will be a problem. i wonder if this transition will accelerate. what we are seeing in europe will only further that. we will talk to the former boss of -- in the u.k. he says you are accelerating the transition, not slowing down. mike sounds cautious, we don't want to spend money, but maybe there is a danger this transition gets away from him. alix: for them, they are ramping up $10 billion of capex spend on this lower carbon technology, so that is huge compared to how quickly bp and total want to move. we could have that conversation later on today, talking about that ene

chevron ceo mike wirth. alongside tom keene and lisa abramowicz, i'm jonathan ferro.wards retail sales and jobless claims in about 42 minutes. equity futures down eight, -0.2% on the s&p. tom:tom: brilliant interview earlier with anna han on her bullish call. it is founded on earnings. david wilson drives forward the conversation that earnings matter. dave: they absolutely do. if you are looking at a comparison between earnings and stock prices. tom: i'm all-cash. i'm looking. dave:dave: it really depends on your timeframe, what that relationship looks like. keith lerner at truist was pointing out that earnings have grown faster than the s&p this year. if you pull back and look at a little more than a decade going back to 2010, around the time you had a low in earnings, it is a different story. over the course of the past year and half, the bull market we had an u.s. stocks, the s&p 500 has really pulled ahead of the growth in earnings. that is the key point. tom: that is a multiple expansion. dave: you could say it that way. that is one way to look at it. but beyond

yeah argo >> chevron tonight >> chevron yeah mike wirth we're going to talk about the trade off betweenoming esg, getting cleaner. that's okay. chuck says analyst day and weber, i mean, are you grilling? are people switching to grills that are plug in because they're worried about propain, not just the cost but if you run out, it gets worse >> nice upsitde guidance on revenue. when we come back, morgan brennan at the kennedy space center where spacex is looking to make history. >> in a matter of hours, four civilians will ascend the tower and climb inside spacex's dragon capsule, which could usher in a new era of space flight. ♪♪ in boxing or any other business, one day, you're gonna take a hit you didn't see coming. do you stay down? or do you get up? [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ [uplifting music playing] ♪ i had a dream that someday ♪ ♪ i would just fly, fly away ♪ i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazi