Chevron Chief Touts Energy Security

On June 6, Chevron CEO David O’Reilly spoke to the Commonwealth Club at the Fairmont Hotel in San Francisco about energy security, energy policy, and alternative energy sources.

“America is at a crossroads when it comes to energy,” the Chevron head told more than 100 members of the Commonwealth Club.

Using California as an example, O’Reilly said that in 1910, California accounted for 25 percent of the world’s oil production. By 1985, California produced only 60 percent of the oil it consumed and the rest came from Alaska. By 2005, 40 percent of California’s oil was imported.

EpochTimes