The Inflation Reduction Act, known as President Biden’s climate law, has garnered unexpected support from the oil and gas industry. Oil majors like Occidental, Exxon, Chevron, and Phillips 66 are advocating for certain parts of the legislation, particularly those related to carbon capture and hydrogen technologies. Occidental, the first U.S. oil producer to commit to reaching net-zero emissions, is investing in a large direct air capture facility in Texas, with a $1.3 billion price tag. Exxon has also made significant investments in carbon capture and hydrogen, while Chevron is focusing on hydrogen and carbon capture technologies. Phillips 66 is venturing into sustainable aviation fuels production. These initiatives require substantial financial support from the government. Despite the high costs and risks associated with transition investments in technologies like carbon capture and sustainable aviation fuels, even Big Oil is supporting parts of the Inflation Reduction Act. The article also highlights challenges such as the high production costs of sustainable aviation fuels and the limited availability of feedstock. Overall, the industry is navigating the complex energy transition landscape and advocating for federal support in this evolving regulatory environment.