Chevron CEO: Trump Admin. Understands that American Energy Abundance Can Underpin Economic Prosperity

KERNEN Hey Mike It ░░░░░░░░ just about the current ░░░░░░░░ and whether you really ░░░░░░░░ notice any any differences ░░░░░░░░ was a time when ░░░░░░░░ majors were more interested ░░░░░░░░ returning it seems like ░░░░░░░░ to shareholders whether it ░░░░░░░░ through buybacks or dividends ░░░░░░░░ whatever I think that ░░░░░░░░ shifted And now I ░░░░░░░░ just wondering are you ░░░░░░░░ comfortable with the 10 ░░░░░░░░ 15 year capital deployment ░░░░░░░░ or could it all ░░░░░░░░ again in you know ░░░░░░░░ three and a half ░░░░░░░░ from now WIRTH Well ░░░░░░░░ of all I ve ░░░░░░░░ to say the policy ░░░░░░░░ we ve been getting ░░░░░░░░ energy I think has ░░░░░░░░ very helpful for the ░░░░░░░░ S We ve got ░░░░░░░░ resources that are unparalleled ░░░░░░░░ the world If you ░░░░░░░░ across the entire energy ░░░░░░░░ and I think the ░░░░░░░░ understands that American energy ░░░░░░░░ can underpin economic prosperity ░░░░░░░░ can also help with ░░░░░░░░ electricity that s going ░░░░░░░░ be required for the ░░░░░░░░ in data centers to ░░░░░░░░ AI We ve got ░░░░░░░░ natural gas which will ░░░░░░░░ part of that solution ░░░░░░░░ I think we re ░░░░░░░░ an approach that says ░░░░░░░░ want to leverage this ░░░░░░░░ economic prosperity for energy ░░░░░░░░ and national security and ░░░░░░░░ can work to reduce ░░░░░░░░ and also you know ░░░░░░░░ the environmental performance of ░░░░░░░░ energy sector So all ░░░░░░░░ are good things We ░░░░░░░░ been around since just ░░░░░░░░ the civil war and ░░░░░░░░ we ve seen administrations ░░░░░░░░ policies evolve in our ░░░░░░░░ over the long cycle ░░░░░░░░ And our capital allocation ░░░░░░░░ really driven by our ░░░░░░░░ on long term fundamentals ░░░░░░░░ supply demand alternatives technology ░░░░░░░░ we deal with some ░░░░░░░░ the shorter term things ░░░░░░░░ can come with political ░░░░░░░░ but it doesn t ░░░░░░░░ capital allocation to nearly ░░░░░░░░ degree that I think ░░░░░░░░ people would suspect.”