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Chevron Ceo: 'Hundreds of billions of dollars are being taken out of the business right now'
2015-12-09 06:18:31| Energy - Topix.net
John Watson, chief executive of Chevron, one of the biggest oil and gas companies in the US, was on CNBC on Tuesday with Brian Sullivan, and he painted a pretty bleak picture. He continued: "If you look in the United States, production has fallen 500,000 barrels a day in the last six months.
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