Trump to host top US oil chief executives as trade wars loom [Yahoo! Finance Canada]
Phillips 66 (PSX)
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Source: Yahoo! Finance Canada
The meeting will mark Trump's first sit-down with oil and gas leaders since returning to the White House for a second term as president in January. It will include members of the American Petroleum Institute's (API) executive committee, according to one source familiar with the planning of the closed-door event. ExxonMobil CEO Darren Woods, Chevron CEO Mike Wirth, ConocoPhillips CEO Ryan Lance, Phillips 66 CEO Mark Lashier and Marathon Petroleum CEO Maryann Mannen are among the leaders on the trade group's executive committee, according to public biographies. The meeting will be part "victory lap" for Trump's early support of the industry, the source said, but executives are also expected to express concerns over Trump's trade wars and emphasize the need for higher oil prices to help meet the president's promise to grow domestic production. Trump and his allies came into office vowing to boost already record U.S. oil production by as much as 3 million barrels per day and cut
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