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Chevron CEO Mike Wirth Talks Middle East, Red Sea Crisis
Bloomberg Talks
Lead Time, Disruptions, and the Future of Fossil Fuels
Discussion on the lead time involved in drilling a well in the Permian Basin, the effects of disruptions in the Middle East on production, and the potential price effects of conflicts like Russia-Ukraine. Also covers the importance of the Strait of Hormuz for supply and the unrealistic expectation for a quick change in the energy system.
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