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Jim Cramer Says Chevron Corporation (CVX) CEO Mike Wirth Did Not Spend More Than $5 Billion On FPU 'Because Fossil Fuel Powered Cars Will Be A Niche Business'

By Yahoo! Finance   |   1 month ago
Jim Cramer Says Chevron Corporation (CVX) CEO Mike Wirth Did Not Spend More Than $5 Billion On FPU 'Because Fossil Fuel Powered Cars Will Be A Niche Business'

Jim Cramer emphasizes the continued importance of fossil fuels in technology despite the rise of renewable energy. He discusses the energy demands of tech companies and the U.S.'s transformation into a major oil producer, highlighting the industry's role in geopolitical stability.

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