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The Latest Breaking News from Chevron

How a massive refinery shortage is contributing to high gas prices

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

WEKU

Benzinga Bulls And Bears Of The Week: Apple, Tesla, Netflix, Chevron And This Leading Chipmaker

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

Benzinga

Short Circuit: A Roundup of Recent Federal Court Decisions

Boycotts, open fields, and a weekend in jail.

Reason

From analysis to the latest developments in health,
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‘Constructive’ talk but no deal as Granholm meets oil execs

A meeting on Thursday of oil company executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices and refining capacity was “constructive,” even as it failed to produce a policy to address prices at the pump, industry leaders said.

Tribune News Service

Oil industry says Granholm meeting sends 'positive signal'

Groups representing the oil industry and refiners say a meeting with Energy Secretary Jennifer Granholm was productive and should send a signal to markets that the United States is committed to long-term investments in the oil and refining industry

The Independent UK

'Constructive' talk but no deal as Granholm meets oil execs - Roll Call

A meeting of oil executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices did not produce an agreement.

Roll Call

Legends aces leap up Autosport National Driver Rankings

Another week and it was another strong performance from Legends drivers as Will Gibson and Miles Rudman have now become Lucky Khera's closest rivals in Autosport's National Driver Rankings.

Autosport

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Biden mocks oil companies for having ‘their feelings hurt so easily’

A Chevron executive had earlier accused the Biden administration of vilifying the oil and gas industry

The Independent UK

Benzinga Before The Bell: Executive Shakeup At Amazon, Boeing Supply Chain Warning, Apple's Tim Cook Says 'Stay Tuned' On AR/MR And Other Top Financial Stories Wednesday, June 22

CNBC Moderna To establish New Vaccine Facility In Britain

Benzinga

Biden calls on Congress to suspend federal gas tax

A three-month suspension of the tax will cost the government approximately $10 billion.

Axios

Joe Biden Calls Chevron CEO 'Sensitive,' Invites Target Chief's Ire Amid Gas Price Debate

Joe Biden's spat with American corporate executives intensified this week as he traded barbs with the CEO of Chevron Corp (NASDAQ: CVX), while Target Corp's (NYSE: T

Benzinga

Biden, Chevron chief trade sharp words over gas prices

In a pointed back and forth, the head of Chevron has complained that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”

The Independent UK

The Checks and Balances Letter, June 2022: Fifth Circuit finds constitutional flaws in SEC enforcement

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

Richardson honours F1 stalwart as Mercedes duo dance through the rain

The life of Jo Bonnier was aptly honoured last weekend, as his ex-Lola T290 was guided to victory in Thudersports by Mark Richardson. While at Silverstone, Wayne Marrs and Tom Jackson battled the elements to win the British Endurance Championship encounter.

Autosport

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Asharq Al-Awsat

Egypt: US Chevron to Drill First Exploration Well in Eastern Mediterranean

Egypt’s state-owned gas company and United States-based Chevron Corp signed on Monday a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export, the petroleum ministry stated on Monday. The memorandum of understanding signed by Egyptian Natural Gas Holding Company (EGAS) and Chevron…

Reason

Are a Majority of D.C. Circuit Judges Republican Appointees? The NYT Thinks So [Updated]

A New York Times piece on conservative legal challenges to climate regulations characterizes the balance of the D.C. Circuit in a most unusual way.

Autosport

The unusual stories from national motorsport this week

From Derek Warwick reuniting with an old Formula 3 car, to a unique MGB joining the model's 60th birthday celebrations, here are some of this week's more unusual national stories

Tribune News Service

Refiners led by Exxon face Biden’s wrath as profits explode

Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as U.S. President Joe Biden lambastes the industry for closing plants.

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news in one place.

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Benzinga

Check Out What Whales Are Doing With CVX

Someone with a lot of money to spend has taken a bearish stance on Chevron (NYSE:CVX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Reason

Supreme Court Decides Major Chevron Case Without Citing Chevron

American Hospital Association v. Becerra is another indication that lower courts are too quick to give agencies Chevron deference.

Benzinga

Stock Wars: Chevron Vs. ExxonMobil

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

ABC News

How your spiking energy bills are making foreign investors rich

Australia's oil and gas resources are overwhelmingly exploited by global multinationals and most of these corporations pay no tax.

Benzinga

Looking At Chevron's Recent Whale Trades

Los Angeles Times

Commentary: Give drivers a gas tax holiday. Tax windfall profits from oil companies instead

At the gas station near my home in Burbank, California, gas prices last week were an astronomical $6.50 per gallon, much higher than the nationwide average of $4.67, and just above the statewide average of $6.19 per gallon. Filling up the tank can cost a shocking $100. Working families cannot…

StockNews.com

Better Buy: ConocoPhillips vs. Chevron

OPEC+’s decision to hike oil output is not expected to ease the global supply crunch immediately and bring down prices. As the worldwide demand strengthens with the lifting of China’s lockdowns and countries’ increased focus on ensuring domestic availability, companies engaged in the upstream activities should benefit. Therefore, prominent energy…

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