Podcast appearances and mentions of mike wirth

Mike Wirth, CEO - Chevron, in an interview discussed whether the U.S. is close to a recession; Kevin has the details and offers his insights. The U.S. Commerce Department's Census Bureau released the March new home sales numbers; Kevin digs into the data and puts it into perspective. Phil Flynn, Senior Market Analyst, Price Futures Group, in his Energy Report, offers his thoughts on Fed Chaiman Jerome Powell, tariffs and the recent stock market weakness; Kevin discusses this report and offers his thoughts. Kevin talks about the news, data, world events, tariffs and trade talks affecting gas and oil prices.

Mike Wirth, CEO - Chevron, in an interview discussed whether the U.S. is close to a recession; Kevin has the details and offers his insights. The U.S. Commerce Department's Census Bureau released the March new home sales numbers; Kevin digs into the data and puts it into perspective. Phil Flynn, Senior Market Analyst, Price Futures Group, in his Energy Report, offers his thoughts on Fed Chaiman Jerome Powell, tariffs and the recent stock market weakness; Kevin discusses this report and offers his thoughts. Kevin talks about the news, data, world events, tariffs and trade talks affecting gas and oil prices.

Chevron Chairman & CEO Mike Wirth discusses tariffs possibly boosting Venezuelan oil, and Trump's vow to increase US oil production. He speaks with Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.

Mike Wirth, CEO of Chevron, discusses company earnings, energy valuations, and job cuts. He speaks with Bloomberg's Katie Greifeld and Sonali Basak. See omnystudio.com/listener for privacy information.

Young Frankenstein brought together so many talented actors and comedians, to create a memorable and re-watchable Gothic horror comedy. Artist and designer Mike Wirth explains how Mary Wollstonecraft Shelley's Frankenstein and its various adaptations and tributes and parodies connect to and relate to the Jewish golem story. We also touch on not only the classic movies of Mel Brooks, but also Sam Raimi, Airplane 2, and What's Up, Doc? as well as movies becoming musical theater. Plus, some vaudeville history, and Hitchcock, with Dr. San Guinary's Creature Feature thrown in for good measure. Listen closely and you'll hear Mike's cat, our special guest. This episode is dedicated to Teri Garr.

Carl Quintanilla, Jim Cramer and David Faber led off the show with a unique focus on energy, featuring Jim in the Gulf of Mexico on Chevron's "Anchor" platform. The company's CEO Mike Wirth made a cameo appearance ahead of Cramer's interview with him Thursday night on "Mad Money." The anchors engaged in a wide-ranging discussion about Tesla shares surging on Q3 results and CEO Elon Musk's vehicle sales forecast. Southwest Airlines CEO Bob Jordan joined the program exclusively. He discussed the company's agreement with activist investor Elliott to add six directors to the carrier's board. Also in focus: Boeing's machinists union votes to reject the jet maker's latest contract offer, earnings winners and losers. Squawk on the Street Disclaimer

On this episode of 3 More Questions, you'll hear David Novak's answers to: Let's say Mike Wirth calls you and says David, you're CEO of this business. Where would you start? What should leaders do to create a system that invites employees to share what they REALLY think and feel about what's going on in the business? What advice would you give a leader on how they can bring a team together over an issue that they feel super passionate about? ——— GO DEEPER Scale up your leadership skills in 2 minutes a day with the How Leaders Lead app — Download today in the App Store Get coaching from David by signing up to receive his Weekly Leadership Plan. It builds on each podcast episode by offering actionable steps you can take each week to incorporate the learnings from the episode into your leadership style. It only takes about 5 minutes and is a great way to start off your week! Subscribe to the How Leaders Lead podcast to ensure you never miss an episode!

If you want to be a good leader, you've got to listen to your people. But *just* listening isn't always enough. You've got to ask questions. You've got to pay attention. But then, you've to respond. That's the piece most leaders miss, and it makes all the difference for engaging your team and solving your organization's biggest problems. To see how it's done, listen to this episode with Mike Wirth, Chairman and CEO of Chevron.  You'll also learn: Why Mike writes up to 80 notes after a site visit   How to give criticism without making people defensive What Mike learned about leadership from legendary chef Thomas Keller A three-part strategy to bring a divided team together ——— FEATURED RESOURCE The How Leaders Lead mobile app Download the app and scale up your leadership skills in under 2 minutes a day

El director general de Chevron, Mike Wirth, arremetió contra la política de petróleo y gas del presidente, Joe Biden, al afirmar que estaba elevando los precios de estos hidrocarburos, y de esta manera "socavando la seguridad energética" de los aliados de EEUU. Así lo informó recientemente el periódico 'Financial Times'.

You want more? YOU GOT IT! Plenty of tangents, arts and crafts, and more swear words than usual make this bonus episode go to eleven (apologies to Nigel Tufnel). Further One Crazy Summer discussion, plus we talk about synthesizers, MIDI, PageMaker, organizing your movies nicely on shelves, George Clooney's Up in the Air, packing and moving, murals, paint and emotion, beer can designs, sketchbooks versus laptops, NYC's Strand Book Store, Bill Murray's brother Joel, and if you listen closely you'll hear Jason's pugs barking in the background every so often.

Savage Steve Holland's One Crazy Summer has mostly been overlooked, or forgotten, a shame since it blends genres and media into a big sweet, salty, and sometimes spicy milkshake of a movie. Guilty pleasure? Not quite, according to Mike Wirth who wonders, "Why couldn't John Cusack's Hoops McCann have been Hoops Leibowitz?" A Southern, Jewish-American originally from New York, Mike focuses on social justice and identity, fusing complex and personal issues and influences into his art. This autumn, he leads a community mural project with the Charlotte Jewish Federation, commemorating those lost on October 7th. His information design "How Our Laws are Made" was featured on the Daily Show blog in 2011, and lives on at Wikipedia. Listen in as we discuss whammy animations, world-in-world experiences, Better Off Dead, Grosse Pointe Blank, Singles, Chainsaw Date and Hemorrhoids from Hell, Bobcat Goldthwait, comic book icons Archie and Betty and Veronica, and The Goonies, plus silly sequel and prequel ideas for One Crazy Summer.

Noticias Económicas y Financieras ¿Pensabas que la semana pasada había sido mala? Piénsalo de nuevo. Hay una masacre grave ahí fuera, y las consecuencias se están extendiendo rápidamente por todo el mundo. Los inversores realmente necesitan algunas palabras tranquilizadoras de los banqueros centrales en este momento, especialmente de una Reserva Federal que se considera que se está quedando atrás de la curva (¿recuerdas cómo fueron las cosas para los mercados en 2022?). Un decepcionante informe de empleo del viernes indicó que Powell y compañía probablemente deberían haber recortado las tasas en su reunión de julio la semana pasada, y el sentimiento ha pasado rápidamente de un aterrizaje suave a un aterrizaje duro, o incluso de emergencia. Berkshire Hathaway $BRK.A, $BRK.B, de Warren Buffett, ha reducido su gigantesca participación en Apple $AAPL a casi la mitad, lo que ha hecho que las acciones del fabricante del iPhone se desplomen más del 7% en las operaciones previas a la apertura del mercado. La última medida se traduce en que la firma de inversión se deshará del 55.8% de sus participaciones en AAPL en 2024, lo que le dejará una participación valorada en $84.2B a finales de junio. En la reunión anual de Berkshire en mayo, el Oráculo de Omaha todavía expresó su confianza en que Apple probablemente seguiría siendo la mayor participación de la empresa a finales de año. Cabe destacar que Buffett también ha estado recortando su participación en Bank of America $BAC en las últimas semanas. Mars, cuyas marcas de golosinas incluyen M&M's y Snickers, se encuentra en negociaciones avanzadas para adquirir Kellanova $K, que fabrica snacks como Cheez-It, Pop-Tarts y Pringles. Suponiendo una prima de fusión y adquisición típica, Kellanova que tiene una capitalización de mercado de aproximadamente $22B puede estar valorada en alrededor de $30B. Kellanova se escindió de Kellogg el año pasado, en un acuerdo que le dio snacks populares y alimentos congelados para el desayuno como MorningStar Farms y Eggo, así como una división internacional de cereales. La compañía informó el jueves de sus ganancias del segundo trimestre, que superaron las estimaciones e hicieron subir sus acciones un 7%. Las acciones de Chevron $CVX pasaron a terreno negativo en el año después de que la compañía publicara ganancias ajustadas para el segundo trimestre que no cumplieron con las expectativas, debido principalmente a márgenes de refinación más débiles y al mantenimiento de la refinería. Pero lo que generó más revuelo fue la decisión de Chevron de trasladar su sede a Houston desde California, donde ha estado ubicada durante más de 140 años. "No se trata de una decisión política", dijo el director ejecutivo Mike Wirth. "Creemos que California tiene una serie de políticas que aumentan los costos, que perjudican a los consumidores, que desalientan la inversión... Es una decisión que tiene que ver con lo que es bueno para nuestra empresa para competir y rendir".

Chevron CEO Mike Wirth discusses the company's future. Wirth speaks with Bloomberg's Alix Steel. See omnystudio.com/listener for privacy information.

Chevron recently surpassed analyst expectations for a second straight quarter. Strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Chevron CEO Mike Wirth says that oil demand is growing and remains strong in the US and Asia. Wirth discussed Chevron's most recent earnings report and oil demand with Bloomberg Television hosts Alix Steel and Romain Bostick. See omnystudio.com/listener for privacy information.

One day after rate fears weighed on stocks, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to the Fed's favorite inflation measure: March Core PCE came in slightly higher than consensus forecasts. The anchors also engaged in a wide-ranging discussion about Alphabet and Microsoft lifting the tech sector. Both companies posted Q1 beats amid their AI push. A CEO doubleheader: Micron's Sanjay Mehrotra joined the program at Post 9 to discuss being awarded up to $6.1 billion in CHIPS Act grants. Chevron's Mike Wirth offered his take on earnings, oil and natural gas prices and his company's deal to acquire Hess. Also in focus: Snap soars, Intel tumbles. Squawk on the Street Disclaimer 

Welcome to The Hydrogen Podcast!In episode 298,  Hydrogen is on full display at Ceraweek. And everyone is throwing their opinion around. I'll sift through what's being said and give my thoughts on today's hydrogen podcast. Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comDEMO THE H2 ADVANTAGEhttps://keyhydrogen.com/hydrogen-location-analytics-software/ CHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of HydrogenSupport the show

Today we had the honor of hosting Mike Wirth, Chairman and CEO of Chevron. Mike's journey at Chevron began as a design engineer in 1982 and since then, he has held senior leadership roles in several divisions of the company. Most recently, Mike served as the Vice Chairman of the Board of Directors and as Executive Vice President of Midstream and Development before assuming his role as CEO in 2018. Beyond his role at Chevron, Mike is engaged in industry advocacy and global initiatives, serving on the board of directors of Catalyst, as an Executive Committee Member of the American Petroleum Institute, and as an Executive Committee Member of the World Economic Forum International Business Council, among other notable roles. With CERAWeek in full swing in Houston, we were fortunate to sit down with Mike to explore the current energy landscape, global energy dynamics, the future of energy, and of course, activity at CERAWeek. In our conversation with Mike, we discuss the changing tone and focus of energy conversations and the pragmatic and realistic tone at CERAWeek, Mike's background in engineering and its influence on his leadership style and decision-making processes, the importance of understanding customer needs and preferences in the energy sector, and the evaluation of investments that rely on subsidies. Mike shares his perspective on the integration of cultures during mergers and acquisitions, the importance of fostering collaboration and alignment while preserving the strengths of acquired companies, the future of exploration in meeting global energy needs, the evolution of shale innovation, current geopolitical risks, trends in government intervention, inflationary pressures, energy access in developing countries, and his perspective on recent developments surrounding Chevron's acquisition of Hess Corporation. We discuss corporate net zero pledges and the often underestimated complexities involved, the overall desirability of more engineers and more problem-solving thinking, the evolving power landscape, Chevron's capabilities in lower carbon energy and technologies, America as an energy superpower and how to maintain that status, and much more. We had a great visit with Mike and can't thank him enough for his time and thoughtfulness. He is an exceptional spokesman for sound energy thinking. To start the show, Mike Bradley shared his thoughts on three key events this week. Regarding CERAWeek 2024 where Veriten is an industry partner (details here), he noted themes are focused on AI, electricity, energy transition, hydrogen and permitting, with AI and electricity being mentioned in just about every conversation. US power needs are being underestimated and the energy transition discussion seems to be turning much more pragmatic. NVIDIA introduced its newest processor (Blackwell) at their conference on Monday. Expectations for NVIDIA and tech stocks were extremely elevated heading into the conference. The third key event is Wednesday's FOMC Meeting. Mike noted that it's virtually guaranteed the FED will keep rates unchanged given recent inflation stats printed on the hot side. Markets will be focused on Chairman Powell's comments which could provide a clue on the number of future rate cuts. On the commodity front, last week was the first weekly close for WTI above $80/bbl since November 2023. WTI trades at ~$83/bbl as US crude oil inventories declined last week and will be drawing in the weeks ahead. He also noted that Gunvor indicated this week that Ukrainian drone strikes have damaged ~600kbpd of Russian refineries, which has strengthened crude oil and product markets. WTI time spreads continue moving steeper into backwardation, and if WTI holds above its $80/bbl support, it could reverse extreme “bearish” oil trader sentiment. He ended by noting that energy as a percentage of the S&P 500 should increase given that energy transition conversation is turning much more pragmatic, that global e

Chevron CEO and Chairman Mike Wirth discusses the oil company's fourth-quarter earnings, acquisition of Hess, the potential of other deals on the horizon and being a legacy industry in a tech-obsessed world. He speaks with Bloomberg's Alix Steel and Romaine Bostick. See omnystudio.com/listener for privacy information.

3 Takeaways brings you conversations with people who are changing the world.  The world's foremost thinkers, business leaders, writers, politicians, scientists and other newsmakers share three key insights to help you understand the world in new ways that can benefit your life and career. In this special year-end episode, we present the most powerful and compelling takeaways of 2023. Can you guess which takeaway is from each guest before I tell you who it is? The guests include former Director of the CIA, former Vice Chairman of the Joint Chiefs of Staff, CEO of Chevron, former Foreign Minister of Israel and other amazing guests.Top Takeaways of 2023 include: Former Secretary of Health and Human Services Alex Azar on Previously Unknown Reasons For The Stunning Success of Operation Warp Speed (#174)Former Foreign Minister Shlomo Ben Ami on the Hamas Israel War (#171)Yale Professor Zoe Chance Reveals Smart, Simple Ways To Influence People To Get What You Want (#156)Chevron CEO Mike Wirth On The Race To Meet The World's Energy Needs With Lower Carbon Solutions (#170)Innocence Project Head Christina Swarns on The Horrors Of Our Criminal Justice System And How To Improve It (#176)Former Ford and Boeing CEO Alan Mulally On Love By Design, The Secret Behind Two Remarkable Turnarounds (#152)A Chilling, Mind-Blowing Talk about War In The Age of AI With Pentagon Defense Expert Paul Scharre (#151)Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked With NYU's Adam Alter (#150)Karl Rove Takes A Riveting No-Holds Barred Look At The Frightening State Of American Politics (#168)Former Vice Chairman of the Joint Chiefs of Staff Bill Owens on Our Critical Need To See “The Other Side of The Story” (#157)Former CIA Director David Petraeus on The Russia Ukraine war (#128)The Complex and Bizarre World of Government-Imposed Racial Classification With Law Professor David Bernstein (#130)President and CEO Dan Weiss of NY's Metropolitan Museum On Its Critical Role In Modern Life (#148)The Good Life Unpacked: Discovering What Makes Us Thrive with the Head of Harvard's 80-Year Study Robert Waldinger (#127)

Chevron CEO Mike Wirth discusses the macroeconomic implications of the Red Sea crisis and the outlook for shale production and the US energy industry. Wirth speaks with hosts Jonathan Ferro and Lisa Abramowicz, at the World Economic Forum's annual meeting in Davos, Switzerland. See omnystudio.com/listener for privacy information.

Can the world make an orderly transition from fossil fuels to lower carbon solutions? Chevron CEO, Mike Wirth, believes we can, but there are major challenges ahead. Join us as he shares his thoughts on EVs, fusion, carbon capture, geothermal, and other technologies. The future is coming. Will the world be ready? Listen to find out.

Chevron Corp. CEO Mike Wirth and Hess Corp. CEO John Hess discuss the $53 Billion deal to combine the two oil companies. They speak with Bloomberg's Alix Steel.See omnystudio.com/listener for privacy information.

CEO Mike Wirth talks about the energy giant's 3 biggest priorities. 

Janice Ellig is joined by Mike Wirth, Chairman and CEO of Chevron, to discuss how Chevron is developing the affordable, reliable, ever-cleaner energy that enables human progress. Mike touches on his career with Chevron and the aspirations of the company. tags: lr, janice ellig, mike wirth, chevron, gas, oil, fuel, energy, leadership, business, company

In a surprisingly strong report, the Labor Department revealed the U.S. economy added 517,000 jobs in January 2023, and an unemployment rate drop to 3.4%, the lowest level since 1969. CNBC's Rick Santelli, Steve Liesman, and Andrew Ross Sorkin consider what the strong numbers mean for the Federal Reserve's strategy to cool inflation. Among the employed, CNBC's Robert Frank reports a rise in office attendance across U.S. cities. Plus, Chevron announced a $75 billion buyback program and a dividend boost in its quarterly report, and the oil giant's giant profits are sparking renewed backlash from the White House. CEO Mike Wirth joins Joe Kernen and Becky Quick before tee-time at the Pebble Beach Pro-Am to discuss his company's financial results and shareholder returns, and to address pressure on big oil from President Biden. After Starbucks reported a miss on earnings this quarter, CFO Rebecca Ruggeri shares her outlook for the company's next quarter, despite weakness in international sales amid surging Covid cases in China.  In this episode:Robert Frank, @robtfrankBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY

Neil Dutta, Renaissance Macro Research Head of US Economic Research, says we could see US GDP at 2% in 2023. Chris Harvey, Wells Fargo Securities Head of Equity Strategy, says the S&P 500 can reach 4,200 this year. Elsa Lignos, RBC Global Head of FX Strategy, expects the dollar to end the year 'a little bit stronger." Mike Wirth, Chevron CEO, says China's re-opening could provide a boost to oil prices. See omnystudio.com/listener for privacy information.

Mike Wirth, Chevron chairman and CEO, talks about plans to tax big oil, energy prices, the war in Ukraine, and shifting to renewable energy. He's on "The David Rubenstein Show: Peer-to-Peer Conversations." This was recorded Dec. 2 in New York.See omnystudio.com/listener for privacy information.

Mike Wirth, Chevron chairman and CEO, talks about plans to tax big oil, energy prices, the war in Ukraine, and shifting to renewable energy. He's on "The David Rubenstein Show: Peer-to-Peer Conversations." This was recorded Dec. 2 in New York.See omnystudio.com/listener for privacy information.

The U.S. economy added 263,000 jobs in November, surpassing estimates despite the Federal Reserve's aggressive efforts to curb inflation. Average hourly earnings also rose month-over-month, which is good news for workers, but bad news for the Fed's plan to slow interest rate hikes. Ahead of OPEC+ meeting this weekend and the EU's looming ban on Russian oil imports, Chevron CEO Michael Wirth discusses the global energy landscape, Chevron's new license to boost Venezuelan oil production, and working with the Biden administration on energy goals. The Senate voted to pass a labor deal, averting a nationwide railroad worker strike but failing to secure the workers the guaranteed paid sick leave that their unions were hoping for. Plus, Kanye West is suspended from Twitter, and Floridian lawmakers are mending fences with Disney.  In this episode:Mike Wirth @ChevronBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY

Welcome to another unstructured meditation. Join me as we explore our lives, goals and ambitions in this meditation of the self. Using visualizations, we experience the memory of our own lives as they are remembered many years in the future, leading to a deep, powerful reflection of the self. Thank you, Mike Wirth (@mikewirth), for the inspiration. Photo: Moe Landy Please like & subscribe! Thank you. Music credits: Cliffdiver - Ambient Wall #7 Bring the Stillness Home - https://youtu.be/zQAhWVzzvvQ Borrtex - Digital Distraction - https://youtu.be/u-JH6Qc3YBE Borrtex - Lightweight - https://youtu.be/_3LgGCFwzZA Lee Rosevere - Self Care - http://freemusicarchive.org/music/Lee...

Amid rising gas and energy costs, Chevron CEO Mike Wirth talks about meeting demand, geopolitical tensions, and the future of renewables.

Hello friends, and welcome to Tuesday.This morning I filled my car with gas costing over five dollars a gallon. My car is a Mini Cooper that I bought years ago, partly because it wasn't a gas guzzler. Now it's guzzling dollars. But when I consider what's happening in Ukraine, I say what the hell. It's a small sacrifice. Yet guess who's making no sacrifice at all — in fact, who's reaping a giant windfall from this crisis? As crude oil prices hit levels not seen in more than 13 years, Big Oil has hit a gusher. Even before Putin's war, oil prices had begun to rise due to the recovery in global demand and tight inventories. Last year, when Americans were already struggling to pay their heating bills and fill up their gas tanks, the biggest oil companies (Shell, Chevron, BP, and Exxon) posted profits totaling $75 billion. This year, courtesy of Vladimir Putin, Big Oil is on the way to a far bigger bonanza.How are the oil companies using all this windfall? I can assure you they're not investing in renewables. They're not even increasing oil production. As Chevron's top executive Mike Wirth said in September, “we could afford to invest more” but “the equity market is not sending a signal that says they think we ought to be doing that.”  Translated:  Wall Street says the way to maximize profits is to limit supply and push up prices instead. So they're buying back their own stock in order to give their stock prices even more of a boost. Last year they spent $38 billion on stock buybacks — their biggest buyback spending spree since 2008. This year, thanks largely to Putin, the oil giants are planning to buy back at least $22 billion more. Make no mistake. This is a direct redistribution from consumers who are paying through the nose at the gas pump to Big Oil's investors and top executives (whose compensation packages are larded with shares of stock and stock options). Though it's seldom discussed in the media, lower-income earners and their families bear the brunt of the burden of higher gas prices. Not only are lower-income people less likely to be able to work from home, they're also more likely to commute for longer distances between work and home in order to afford less expensive housing. Big oil companies could absorb the higher costs of crude oil. The reason they're not is because they're so big they don't have to. They don't worry about losing market share to competitors. So they're passing on the higher costs to consumers in the form of higher prices, and pocketing record profits. It's the same old story in this country: when crisis strikes, the poor and working class are on the frontlines while the biggest corporations and their investors and top brass rake it in. What to do? Hit Big Oil with a windfall profits tax. Days ago, the European Union advised its members to seek a windfall profits tax on oil companies taking advantage of this very grave emergency to raise their prices. Democrats just introduced similar legislation here in the United States. The bill —introduced by Senator Sheldon Whitehouse and Representative Ro Khanna — would tax the largest oil companies, which are recording their biggest profits in years, and use the money to provide quarterly checks to Americans facing sticker shock as inflation continues to skyrocket. (The bill would require oil companies producing or importing at least 300,000 barrels of oil per day to pay a per-barrel tax equal to half the difference between the current price of a barrel and the average price from the years 2015 to 2019. This is hardly confiscatory. Those were years when energy companies were already recording large profits. Quarterly rebates to consumers would phase out for individuals earning more than $75,000 or couples earning $150,000.)Republicans will balk at any tax increase on Big Oil, of course. (They're even holding up the nomination of Sarah Bloom Raskin to the Fed because she's had the temerity to speak out about the systemic risks that climate change poses to our economy. ) But a windfall profits tax on Big Oil is exactly what Democrats must do to help average working people through this fuel crisis. It's good policy, it's good politics, and it's the right thing to do. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

Inflation! It's dominating all economic news. It's the main reason the stock market is going nuts. It's what Fed officials are discussing in today's meeting (they're expected to raise interest rates several times over the next twelve months). But in all of the inflated verbiage over inflation, there's been little or no discussion about the role that large, hugely-profitable corporations are playing. Yet inflation is intimately connected to corporate power (as I discussed on this page last month).Today I turn to the evidence, and then to what I believe should be done about corporate power and inflation. First, to recap: While most of the price increases now affecting the US and global economy have been the result of global supply chain problems limiting the availability of parts needed to make consumer goods, this doesn't explain why big and hugely- profitable corporations are passing these cost increases on to their customers in the form of higher prices. If corporations were competing vigorously against each other, they'd swallow these cost increases in order to keep their prices as low as possible — especially when they're making huge profits. Yet corporations have been raising prices even as they rake in record profits. That's because they face so little competition that they can easily coordinate price increases with the handful of other big companies in their industry. That way, all of them come out ahead — while consumers and workers lose. As to the evidence, it's all around us: 1.  EnergyOnly a few entities have access to the land and pipelines that control the oil and gas still powering most of the world. They took a hit during the pandemic as most people stayed home. But they are more than making up for it now, limiting supply and ratcheting up prices. As Chevron Corp.'s top executive Mike Wirth said in September, “we could afford to invest more” in production but “the equity market is not sending a signal that says they think we ought to be doing that.” Translated: Wall Street says the way to maximize profits is to limit supply and push up prices instead, and we do whatever the Street wants. 2.  Consumer staplesLast April, Procter & Gamble raised prices on consumer staples like diapers and toilet paper, citing increased costs in raw materials and transportation. But P&G has been making huge profits. After some of its price increases went into effect, it reported an almost 25 percent profit margin. Looking to buy your diapers elsewhere? Well, good luck. The market is dominated by P&G and Kimberly-Clark, which—not coincidentally—raised its prices at the same time. Another example: Last spring, PepsiCo raised its prices, blaming higher costs for ingredients, freight, and labor. It then recorded $3 billion in operating profits through September. How did it get away with this without losing customers? Simple. Pepsi has only one major competitor, Coca Cola, which promptly raised its own prices. Coca-Cola recorded $10 billion in revenues in the third quarter of 2021, up 16 percent from the previous year.3.  FoodFood prices are soaring. Half of those price increases are from meat. According to the latest data from the Bureau of Labor Statistics, meat prices were up 16 percent in November compared with the same month last year. Why? Because the four giant meat processing corporations that dominate the industry are raising their prices and enjoying fat profits. A recent report from the White House's National Economic Council finds that the largest meat processing companies are “using their market power to extract bigger and bigger profit margins for themselves. Businesses that face meaningful competition can't do that, because they would lose business to a competitor that did not hike its margins.”4. Fast food Fast food giants like McDonald's and Chipotle — incessantly complaining about higher food and labor costs — have increased their prices to consumers to cover these added costs. But they're so profitable they could easily have absorbed these cost increases. (Wall Street analysts expect McDonald's revenues hit a five-year high in 2021 and Chipotle's revenues increased by over a third from two years before.) So why are they passing the cost increases on to their consumers? Because they have so much market power. (A few months ago, Chipotle's chief financial officer admitted “our ultimate goal … is to fully protect our margins.”)5.  Large retailersA handful of giant corporations — Walmart, Amazon, Kroger, Costco, and Target —dominate retail sales in America. On a recent survey, over 60 percent of large retailers say inflation has given them the ability to raise prices beyond what's required to offset higher costs.6.  Corporate concentration overallSince the mid-1980s (when the US government all but abandoned antitrust enforcement) two thirds of all American industries have become more concentrated. This includes banks, broadband, pharmaceutical companies, airlines, meatpackers, big tech, and consumer staples.Corporations in these industries could easily absorb higher costs – including wage increases – without passing them on to consumers in the form of higher prices. But they'd rather maintain or enlarge their record profits by coordinating with other big players in the same industry and raise prices together. As a result, their record profits are lining the pockets of major investors and corporate executives, while shafting consumers and workers (whose wage increases are being eroded by price increases). What to do? Don't slow the economy. Instead, reduce corporate concentration. As I mentioned at the outset, the Fed meets today. It's poised to try to control inflation by raising borrowing costs. This means the Fed will battle inflation the old way — drafting millions of workers into the inflation fight by slowing the economy and causing them to lose their jobs or wages, or both. This is the wrong medicine for the wrong disease. It will hurt millions of people who are among the most vulnerable in the economy. The correct medicine is to reduce corporate market power. Biden has started to try. He has prodded the Agriculture Department to investigate large meatpackers that are raising prices and underpaying farmers — while tripling their profit margins during the pandemic. He has encouraged the Federal Trade Commission to investigate accusations that large oil companies are artificially inflating prices, even after global oil prices began to fall in recent weeks.In late October, the FTC ordered nine large retailers, including Walmart, Amazon and Kroger, to turn over detailed information to help root out the sources of supply chain disruptions that were “harming competition in the U.S. economy.”Biden has urged the Federal Maritime Commission to root out price gouging by large shipping companies at the heart of supply chains. The Commission has investigated the handful of corporate shipping alliances that effectively control the flow of goods across the world's oceans and which have raised prices as much as ninefold during the pandemic, according to data from the freight-tracking firm Freightos. In addition, Biden has tapped antitrust crusaders for key roles, including Lina Khan to be chairwoman of the Federal Trade Commission, and Jonathan Kanter (a long-time adversary of Facebook and Google) to lead the antitrust division of the Justice Department. And he has brought Tim Wu (a proponent of breaking up Facebook and other large companies) into the White House as a special adviser on competition issues.All these initiatives are fine. But far more resources need to be aimed at the problem of corporate concentration. The Biden administration must declare economic war on monopolies and oligopolies. Make no mistake. Taking on concentrated industries and corporate market power will be difficult. Corporate America will do whatever it can to keep its record profits and reduce its costs. In addition, antitrust enforcement is extraordinarily complex and time consuming. I directed the policy planning staff at the Federal Trade Commission in the Carter Administration and saw this firsthand.But it's worth the effort. Corporate concentration harms workers and consumers while rewarding CEOs and investors. Unless capitalism is made to work for everyone – unless the concentration of the American economy in the hands of a few giant corporations is reduced – inequalities of income, wealth, and power will continue to widen. And at some point, the system will break. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

Here is The Guardian article, 'The Dirty Dozen: Meet America's Top Climate Villains" - https://www.theguardian.com/commentisfree/2021/oct/27/climate-crisis-villains-americas-dirty-dozen

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market action, with stocks coming off their best week in three months. Oil also resumed its rally, hitting its highest level since Oct. 2014 with some traders expecting to see $100/barrel by the end of the year. Staying with energy, David Faber interviewed Chevron CEO, Mike Wirth live from the Milken Global Conference out in Los Angeles, California. Also in focus: Disney got downgraded to ‘equal-weight' at Barclays, with the firm saying “Disney+ growth has slowed significantly.” And, Zillow shares tanked on a new report that the company has temporarily stopped its home-buying service due to overwhelming demand.

The oil and gas chief talks with Jack about the production outlook, and turning dairy farms into gas plants. Learn more about your ad choices. Visit megaphone.fm/adchoices

“It can feel like the world is a colder and riskier place, [but] we've been through these things before, and we generally know that society comes through. We learn lessons. We become stronger over time and create opportunities for personal growth and societal learning that can continue to make the world a better place.” Chevron has been weathering the vicissitudes of cultural and industrial shifts around the world since it was founded 141 years ago to provide a substitute for whale oil used in lamp lighting. Today, its more than 48,000 employees around the world have emerged stronger than ever from a market that drove oil prices to less than zero, as well a domestic landscape roiled by a resurgent pandemic and social upheaval. “One of the things I'm really proud of is the heart that our people have,” he tells Mike. “Our employees have donated money from their own pockets. … The stories on our internal social media site, where employees share what they've done are incredibly heartwarming. … We empower people, we encourage people and they move to action based on what the local needs are very rapidly.” 

In dieser Folge begrüßt Mike Wirth eine junge Synchronsprecherin, die im frühen Alter von 9 Jahren in dieser Branche anfing. Mittlerweile ist sie 21 und hat bereits viele spannende Geschichten zu erzählen. Vom anfänglichen Voiceover, über Synchronisation von Filmen und Serien, bis hin zum Einsprechen von Hörbüchern und Hörspielen - sie hat auf alles Lust und meistert jede Aufgabe perfekt. Zu Gast heute: Helen Blaschke. Viel Spaß und gute Unterhaltung!

In dieser Folge begrüßt Mike Wirth eine junge Synchronsprecherin, die im frühen Alter von 9 Jahren in dieser Branche anfing. Mittlerweile ist sie 21 und hat bereits viele spannende Geschichten zu erzählen. Vom anfänglichen Voiceover, über Synchronisation von Filmen und Serien, bis hin zum Einsprechen von Hörbüchern und Hörspielen - sie hat auf alles Lust und meistert jede Aufgabe perfekt. Zu Gast heute: Helen Blaschke. Viel Spaß und gute Unterhaltung!

In dieser Folge begrüßt Mike Wirth eine junge Synchronsprecherin, die im frühen Alter von 9 Jahren in dieser Branche anfing. Mittlerweile ist sie 21 und hat bereits viele spannende Geschichten zu erzählen. Vom anfänglichen Voiceover, über Synchronisation von Filmen und Serien, bis hin zum Einsprechen von Hörbüchern und Hörspielen - sie hat auf alles Lust und meistert jede Aufgabe perfekt. Zu Gast heute: Helen Blaschke. Viel Spaß und gute Unterhaltung!

„Wir haben bisher in einer Traumwelt gelebt!“ Jetzt heißt es: „Willkommen in der Wüste der Wirklichkeit!“ Mike Wirth taucht erneut mit euch in die Welt der Synchronisation ein. Heute mit dem Mann, der Colin Firth, Clive Owen, Rupert Everett, Laurence Fishburne und Chris Noth seine deutsche Stimme leiht: Tom Vogt. Der Film- und Synchronschauspieler erzählt unverblümt und ehrlich seine Geschichte. Von den zum Teil schwierigen Anfängen, über den plötzlichen Durchbruch, bis heute. Spannend, aufwühlend und unterhaltsam zugleich. Viel Spaß und gute Unterhaltung!

„Wir haben bisher in einer Traumwelt gelebt!“ Jetzt heißt es: „Willkommen in der Wüste der Wirklichkeit!“ Mike Wirth taucht erneut mit euch in die Welt der Synchronisation ein. Heute mit dem Mann, der Colin Firth, Clive Owen, Rupert Everett, Laurence Fishburne und Chris Noth seine deutsche Stimme leiht: Tom Vogt. Der Film- und Synchronschauspieler erzählt unverblümt und ehrlich seine Geschichte. Von den zum Teil schwierigen Anfängen, über den plötzlichen Durchbruch, bis heute. Spannend, aufwühlend und unterhaltsam zugleich. Viel Spaß und gute Unterhaltung! (Noch mehr über Tom Vogt: www.tomvogt.de)

„Wir haben bisher in einer Traumwelt gelebt!“ Jetzt heißt es: „Willkommen in der Wüste der Wirklichkeit!“ Mike Wirth taucht erneut mit euch in die Welt der Synchronisation ein. Heute mit dem Mann, der Colin Firth, Clive Owen, Rupert Everett, Laurence Fishburne und Chris Noth seine deutsche Stimme leiht: Tom Vogt. Der Film- und Synchronschauspieler erzählt unverblümt und ehrlich seine Geschichte. Von den zum Teil schwierigen Anfängen, über den plötzlichen Durchbruch, bis heute. Spannend, aufwühlend und unterhaltsam zugleich. Viel Spaß und gute Unterhaltung!

„Wir haben bisher in einer Traumwelt gelebt!“ Jetzt heißt es: „Willkommen in der Wüste der Wirklichkeit!“ Mike Wirth taucht erneut mit euch in die Welt der Synchronisation ein. Heute mit dem Mann, der Colin Firth, Clive Owen, Rupert Everett, Laurence Fishburne und Chris Noth seine deutsche Stimme leiht: Tom Vogt. Der Film- und Synchronschauspieler erzählt unverblümt und ehrlich seine Geschichte. Von den zum Teil schwierigen Anfängen, über den plötzlichen Durchbruch, bis heute. Spannend, aufwühlend und unterhaltsam zugleich. Viel Spaß und gute Unterhaltung!

Ob SpongeBob oder Steve Urkle – seine Stimme kennen die meisten von uns aus zahlreichen Filmen und Serien. Zu Gast in der neuen Folge: Schauspieler und Synchronsprecher Santiago Ziesmer. Der gebürtige Spanier erzählt Mike Wirth von seiner großen Leidenschaft zum Theater, von den sehr frühen Anfängen in der Synchronbranche und von unzähligen Fügungen, die ihn im Laufe der vielen Jahre dahin brachten, wo er heute steht. Ein Leben voller interessanter und lustiger Geschichten. Schreibt uns euer Feedback und eure Fragen per Mail an stimmt@podnews.de. Wir wünschen euch viel Spaß beim Hören und gute Unterhaltung.

Ob SpongeBob oder Steve Urkle – seine Stimme kennen die meisten von uns aus zahlreichen Filmen und Serien. Zu Gast in der neuen Folge: Schauspieler und Synchronsprecher Santiago Ziesmer. Der gebürtige Spanier erzählt Mike Wirth von seiner großen Leidenschaft zum Theater, von den sehr frühen Anfängen in der Synchronbranche und von unzähligen Fügungen, die ihn im Laufe der vielen Jahre dahin brachten, wo er heute steht. Ein Leben voller interessanter und lustiger Geschichten. Schreibt uns euer Feedback und eure Fragen per Mail an stimmt@podnews.de. Wir wünschen euch viel Spaß beim Hören und gute Unterhaltung.

Ob SpongeBob oder Steve Urkle – seine Stimme kennen die meisten von uns aus zahlreichen Filmen und Serien. Zu Gast in der neuen Folge: Schauspieler und Synchronsprecher Santiago Ziesmer. Der gebürtige Spanier erzählt Mike Wirth von seiner großen Leidenschaft zum Theater, von den sehr frühen Anfängen in der Synchronbranche und von unzähligen Fügungen, die ihn im Laufe der vielen Jahre dahin brachten, wo er heute steht. Ein Leben voller interessanter und lustiger Geschichten. Schreibt uns euer Feedback und eure Fragen per Mail an stimmt@podnews.de. Wir wünschen euch viel Spaß beim Hören und gute Unterhaltung.

Zuhause arbeiten kann auch seine Vorteile haben. Nicht aber, wenn man mit seinen Interviewpartnern lieber persönlich sprechen möchte. So geht es auch Mike Wirth in dieser neuen Folge. Statt im Studio spricht er hier wegen der Corona-Krise aus dem heimischen Wohnzimmer und via Skype mit Schauspielerin, Sängerin und Synchronsprecherin Yvonne Greitzke. Sie leiht ihre deutsche Stimme unter anderem Alicia Vikander, Hillary Duff, Katherine Waterston, Tylor Swift oder auch Prinzessin Anna aus "Die Eiskönigin". Wie geht es ihr als Künstlerin in der aktuellen Krise? Wie kommt sie beruflich mit dem Stillstand klar und wie geht's danach für sie weiter? Natürlich sprechen beide auch über ihren Beruf als Synchron- und Hörbuchsprecherin und Schauspielerin und über das bevorstehende Osterfest. Wir wünschen gute Unterhaltung!

Zuhause arbeiten kann auch seine Vorteile haben. Nicht aber, wenn man mit seinen Interviewpartnern lieber persönlich sprechen möchte. So geht es auch Mike Wirth in dieser neuen Folge. Statt im Studio spricht er hier wegen der Corona-Krise aus dem heimischen Wohnzimmer und via Skype mit Schauspielerin, Sängerin und Synchronsprecherin Yvonne Greitzke. Sie leiht ihre deutsche Stimme unter anderem Alicia Vikander, Hillary Duff, Katherine Waterston, Tylor Swift oder auch Prinzessin Anna aus "Die Eiskönigin". Wie geht es ihr als Künstlerin in der aktuellen Krise? Wie kommt sie beruflich mit dem Stillstand klar und wie geht's danach für sie weiter? Natürlich sprechen beide auch über ihren Beruf als Synchron- und Hörbuchsprecherin und Schauspielerin und über das bevorstehende Osterfest. Wir wünschen gute Unterhaltung!

Zuhause arbeiten kann auch seine Vorteile haben. Nicht aber, wenn man mit seinen Interviewpartnern lieber persönlich sprechen möchte. So geht es auch Mike Wirth in dieser neuen Folge. Statt im Studio spricht er hier wegen der Corona-Krise aus dem heimischen Wohnzimmer und via Skype mit Schauspielerin, Sängerin und Synchronsprecherin Yvonne Greitzke. Sie leiht ihre deutsche Stimme unter anderem Alicia Vikander, Hillary Duff, Katherine Waterston, Tylor Swift oder auch Prinzessin Anna aus "Die Eiskönigin". Wie geht es ihr als Künstlerin in der aktuellen Krise? Wie kommt sie beruflich mit dem Stillstand klar und wie geht's danach für sie weiter? Natürlich sprechen beide auch über ihren Beruf als Synchron- und Hörbuchsprecherin und Schauspielerin und über das bevorstehende Osterfest. Wir wünschen gute Unterhaltung!

In dieser Folge begrüßt Mike Wirth seinen ersten Synchronsprecher in der noch recht jungen Podcastreihe. Es wird lustig, ernst und emotional. Wie wird man eigentlich Synchronsprecher? Wie sieht ein ganz typischer Arbeitstag aus? Schauen wir doch mal hinter den Vorhang der Synchronwelt. Heute zu Gast: Bernd S. Egger. Wir wünschen gute Unterhaltung!

In dieser Folge begrüßt Mike Wirth seinen ersten Synchronsprecher in der noch recht jungen Podcastreihe. Es wird lustig, ernst und emotional. Wie wird man eigentlich Synchronsprecher? Wie sieht ein ganz typischer Arbeitstag aus? Schauen wir doch mal hinter den Vorhang der Synchronwelt. Heute zu Gast: Bernd S. Egger. Wir wünschen gute Unterhaltung!

In dieser Folge begrüßt Mike Wirth seinen ersten Synchronsprecher in der noch recht jungen Podcastreihe. Es wird lustig, ernst und emotional. Wie wird man eigentlich Synchronsprecher? Wie sieht ein ganz typischer Arbeitstag aus? Schauen wir doch mal hinter den Vorhang der Synchronwelt. Heute zu Gast: Bernd S. Egger. Wir wünschen gute Unterhaltung!

In der ersten Folge erzählt Mike Wirth, warum ihm das Synchronsprechen schon seit Jahrzehnten fasziniert und begrüßt Schauspielerin und Sprecherzieherin Sabine Melanie Rittel. Beide sprechen über das wichtigste Werkzeug eines Synchronsprechers: die Stimme. Was kann unsere Stimme eigentlich alles bewirken? Ist der Klang unserer Stimme wichtiger, als das, was wir letztendlich sagen?

In der ersten Folge erzählt Mike Wirth, warum ihm das Synchronsprechen schon seit Jahrzehnten fasziniert und begrüßt Schauspielerin und Sprecherzieherin Sabine Melanie Rittel. Beide sprechen über das wichtigste Werkzeug eines Synchronsprechers: die Stimme. Was kann unsere Stimme eigentlich alles bewirken? Ist der Klang unserer Stimme wichtiger, als das, was wir letztendlich sagen?

In der ersten Folge erzählt Mike Wirth, warum ihm das Synchronsprechen schon seit Jahrzehnten fasziniert und begrüßt Schauspielerin und Sprecherzieherin Sabine Melanie Rittel. Beide sprechen über das wichtigste Werkzeug eines Synchronsprechers: die Stimme. Was kann unsere Stimme eigentlich alles bewirken? Ist der Klang unserer Stimme wichtiger, als das, was wir letztendlich sagen?

In der ersten Folge erzählt Mike Wirth, warum ihm das Synchronsprechen schon seit Jahrzehnten fasziniert und begrüßt Schauspielerin und Sprecherzieherin Sabine Melanie Rittel. Beide sprechen über das wichtigste Werkzeug eines Synchronsprechers: die Stimme. Was kann unsere Stimme eigentlich alles bewirken? Ist der Klang unserer Stimme wichtiger, als das, was wir letztendlich sagen?