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Chevron CEO defends record profits as ‘modest return’ over time

Por: Los Angeles Times Business January 05, 2023

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Chevron Chief Executive Mike Wirth pushed back on claims by President Biden that Big Oil’s record profits are being made on the back of the war in Ukraine and at the expense of the American people. The industry’s highest-ever cash haul should not be viewed in isolation because only three years ago it was “losing billions of dollars as prices plummeted,” Wirth said in an episode of “The David Rubenstein Show: Peer-to-Peer... + full article



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