Chevron CEO reveals when US will see the 'end of the oil age' [FOX Business Network]
Chevron Corporation (CVX)
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Source: FOX Business Network
When it comes to America's oil use and production, one major producer signaled that market uncertainty can't pump the pipeline brakes. "Markets are relatively balanced. Demand growth is strong. Last year was all-time record demand. We'll see demand grow again this year," Chevron CEO Mike Wirth said on "Mornings with Maria" Tuesday. "So, the end of the oil age is not yet upon us." Wirth spoke with host Maria Bartiromo at the 27th annual Milken Institute Global Conference, where he detailed expectations for positive financial performance and increased oil production through the rest of the year. Gas prices have risen by a few cents , on average, in recent weeks. AAA reported the national average price for last week was $3.67 per gallon, 14 cents higher than this time last month and eight cents more than last year. That same week, gas demand rose from 8.42 million barrels per day to 8.62 million barrels per day, data from the Energy Information Administration found. "It's impo
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CVX
Earnings
- 4/26/24 - Beat
CVX
Sec Filings
- 5/14/24 - Form PX14A6G
- 5/13/24 - Form 4
- 5/10/24 - Form SD
- CVX's page on the SEC website