Friday, December 28, 2012

Chevron CEO says energy prices scarier than climate change

Associated Press: Chevron CEO John Watson notices something important as he visits his company's operations around the globe: Governments everywhere find high energy prices much scarier than the threat of global warming. And that means the world will need a lot more oil and gas in the years to come. To meet that demand, Chevron is in the midst of an enormous cycle of investment aimed at extracting oil and gas from wherever it hides in the earth's crust. Chevron Corp., based in San Ramon, Calif., is the second largest...

URL: http://www.sfgate.com/default/article/Chevron-s-CEO-Affordable-energy-is-crucial-4149215.php

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