Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI).

Chevron Corp. Chief Executive Officer Mike Wirth called on the Biden administration to reverse its decision to halt new export licenses for liquefied natural gas, labeling the policy as a failure that “elevates politics over progress.

Chevron boss Mike Wirth has attacked the Biden administration’s oil and gas policy, saying it was pushing up prices and “undermining energy security” for US allies.

CEO Mike Wirth ripped the Biden administration Tuesday for its "attacks on the natural gas" industry and decision to halt new export licenses for liquefied natural gas, which he said will raise energy costs,

Wirth, chief executive of the US’s second-biggest oil producer, said President Joe Biden’s “attacks on natural gas” and freeze on new export permits for liquefied natural gas terminals had put “politics over progress” and would hurt climate efforts.