Tag: Gas Prices


  • Chevron Oil Prices and Profit Falls

    Chevron Is Slashing 7,000 Jobs As Oil Prices Continue To Plummet

    87,000 people have lost their jobs in the oil sector this year and that number is about to increase. Plummeting oil prices are forcing Chevron to layoff 6,000 to 7,000 employees. The company is cutting investment by a fourth. “With the lower investment, we anticipate reducing our employee workforce by 6,000-7,000,” chairman and CEO, John […]

  • Gas Prices To Remain Low This Summer

    Gas Prices To Remain Near Record Lows All Summer

    If you are planning to take a road trip this summer you are in luck, gas prices are expected to remain close to their six-year lows throughout the travel season. AAA spokesperson Michael Green claims that OPEC’s decision Friday to keep production levels steady, at 30 million barrels a day, was expected, but “it is […]