📈 Stock Market 1d ago · Joel South

$7 Billion for Venezuelan Oil, and Chevron’s CEO Just Told Drivers When Gas Gets Cheaper

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The post $7 Billion for Venezuelan Oil, and Chevron’s CEO Just Told Drivers When Gas Gets Cheaper appeared first on 24/7 Wall St..
Chevron CEO Mike Wirth flew to Caracas and committed real capital, then told American drivers cheaper gas is not coming from this deal. That split screen is the story.
In a CNBC interview Tuesday, Wirth said Chevron (NYSE:CVX) will spend $7 billion across three joint ventures over five years to triple Venezuelan production from roughly 300,000 barrels per day t

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