Chevron CEO on Oil Demand, Costs, Refinery Closures

36

Chevron Chairman and CEO Mike Wirth discusses his firm’s efforts to meet rising oil demand, costs management, and the impact of refinery closures on inflation. He speaks on “Bloomberg Markets.”

source

RELATED ARTICLESMORE FROM AUTHOR

36 COMMENTS

  1. Why did businesses shut down during the plandemic? My company didn't and we had record breaking years. Just do the complete opposite of what the worthless government tells you to do and you'll be great!

  3. Excuse me chevronbceo I'm a wuadrillionaore born with one parent
    Sues device sadumily and anybody past planet but me and u arlre being called nuclear war by Me u ND the 🌞 and sue thanknu

  10. American 🇺🇸!!!!!
    All of CEO’s of Oil company’s reach out to all news media upset interview so American 🇺🇸!!!!
    Ask questions!!!
    How about truck fuel ⛽️ Diesel!!!!
    Let’s talk Diesel in the truck drivers in this country!!!!!
    Wake up media Step up set up interviews!!!!!
    How about walking the talk!!!

  11. We got these f*** tards in the White House that's holding our production back we had a a dumbass treasure secretary we got a dumbass Secretary of energy along the other dumbasses and we got the climate change dumbasses in the EPA dumbasses put all these groups in it and combine them they're the ones that standing in the way of our production on refining more oil and keeping it going and trying to keep the price down but no they don't want that they want the price as high as it can go because they hate America first energy Independence

  12. Obviously not wanting any bad press by stating the oil industry is being killed purposely in the U.S. by the current administration. Begging Saudi Arabia didn't work out.

  14. I haven't heard a CEO this thoughtful, composed, intelligent, and insightful in a long time. Very good interview without trying to get into the politics. Need less biased questions these days and more just straight facts.

  15. go to the Governors, its time for another Supreme Court win. We can prusue our Happiness. Texas is oil and Cattle , they are its economic base. there really are grounds to stop the Biden and Polosie agendas. These Devils cannot rule over the oil production. Kentucky is another state where individuals drill wells on their own property. I remember seeing one small cabin with a pump right at the front porch. There is no presedence for stopping oul drilling. Nancy grows grapes, Texas can drill oil.

  23. …ill advised? Hahaha
    Assertive action.
    Today Jul 2022, diesel at $7 and Mexico is making billions. This is why you don’t listen to this so called professionals. They got it so wrong.
    With the completion of the refinery , Mexico will achieve energy independence, no more buying gasoline from Texas that thrashes its southern neighbor so much, just like this report trying to put down Mexico.

  25. As to why they weren't drilling more, oil executives blamed Wall Street. Nearly 60% cited "investor pressure to maintain capital discipline" as the primary reason oil companies weren't drilling more despite skyrocketing prices, according to the Dallas Fed survey.
    Gas prices are up all over the world. Yet there is plenty of oil. Exxon, Chevron and most oil companies are making record profits. CEOs and Boards of Directors are getting record bonuses. Those companies have reduced crude oil production, then say there are shortages. At the same time they are jacking up prices and call it inflation. 
    Consolidation of wealth is the biggest threat to the country. It is the result of Republican trickle down tax policies. While the rich get richer, millions of Americans are forced out of the middle class. A Republic cannot survive when 1% of the population owns 40% of the wealth or 10% owns 70%.

Comments are closed.