In interviews and speeches at CERAWeek last week the Apollo 13 phrase, "Houston, we have a problem," was used to describe the current state of the fossil fuel industry in light of climate change, supply-chain disruptions, and the continuing Russian-Ukraine war. Mike Wirth, CEO of Chevron, was the first to speak at the conference. He set the tone describing the transition to a low-carbon future as "one of the greatest challenges of all time," and warned that what lies ahead may be "chaotic" and "painful." One industry executive stated, "Our strategy is to stay as oily as we can for as long as we can."