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Occidental Petroleum CEO pushes back against California plans to fine Big Oil firms: 'They don't understand the industry'

1 month ago   |   By Business Insider

Vicki Hollub, President and CEO of Occidental Petroleum, speaks at the 2019 Milken Institute Global Conference in Beverly Hills. Reuters
Occidental Petroleum's CEO hit back at California politicians over plans to fine Big Oil firms.
"I think too many of the politicians just don't understand the industry," Vicki Hollub said.
California lawmakers unveiled plans to charge oil firms for their huge profits on high gas prices.
The CEO of Occidental Petroleum struck back at California lawmakers' plans to fine Big Oil firms for raking in outsized profits through soaring prices at the pump...
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