Friday, April 28, 2023

Oil Production Going Forward -- April 28, 2023

Locator: 44492E. 

Keep these two graphs / charts in mind when listening to Chevron's CEO talk about Venezuela.

These two graphs reflect the amount of oil produced by either company. Over the past few years, the price of oil has had its ups and downs but in the big scheme of things has been running in a fairly narrow band suggesting volume of oil produced is directly related to share price.




Now, think about this, link here:

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