‘PAY ATTENTION’: Big Oil boss warns over prices, market impact
Vložit
- čas přidán 6. 05. 2024
- Chevron Chairman and CEO Mike Wirth talks the Hess purchase, latest earnings, new oil production projects and the future of the natural gas market in a wide-ranging interview on 'Mornings with Maria.' #FOXBusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusiness.com
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.
All I heard in the interview was "corporate speak".
Way above my pay grade !
All I want is America BACK ON TRUMPS ENERGY POLICY !!!!!!
PERIOD .
Not going to be all the expected demand if prices keep rising
They said the same of Venezuela at the beginning of the XX Century. Somehow lost the connection and the democracy.
Mega monopolies fix prices. Also big oil should have to pay for our entire military, since it's being used as an oil mercenary force. Our military certainly isn't protecting our border.
Bravo!
Oil pretty much sustains our existence now, so you definitely have benefited from it. You can't wash your hands of that unless you were born and lived in a cave your entire life.
But Biden thinks he can.
I don't know if they "fix prices", but mega monopolies work hand in hand with big government to control.
I’m all for “big oil”. What would we do without it? Everything is made out of oil, the most dependable source of energy there is!
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia campbell
Please educate me, i'm willing to make consultations to improve my situatio
Her technical analysis is excellent and her interpretation/projections of the market are so accurate | sometimes ask myself is she is a human The point she is the perfect trader to follow for advice and guidance
Please how do I find this financial counselor?
I'd love to know this mentor of yours
Translation "We're making the Pelosi's and Newsome's sinful piles of $$$, so everything is hunky doorie". 😂
Pelosi would never invest in fossil fuel energy companies..........
You are high ! 🥴 On what ? May i ask ? 😅
Until it crashes they won’t be able to save themselves. With all their gold and silver.
Mergers are predictable, given the crap economy and over taxation.
I think we are going into a Recession. I see fewer help wanted signs and scrap metal prices are going down.
Didn’t I see something about big oil colluding to raise prices along with Hamas, the Taliban, and al Queda? 🤔
Biden economy is better than the economy of the Gaga order man that created 8 trillion in debt.
Bidenomics
Follow the money. What are they working on?
And the democrat voters screamed out hurrah providing proof that they are just NOT very BRIGHT..
funny, he says watch out the prices are going to go up
while they are building a new port in Gaza to STEAL their oil and natural gases
Start with looking at what natural resources are in GAZA
@@shel_311 over $330 BILLION in oil and natural gases
they are already building a port to extract it
This people must hate electric cars...
Record profits!!!!!
Yes for Putin!
@@francismarion6400 Exxon-mobil etc.
Democrats are enriching Russia oil companies.
The biggest circus on Earth used to be Ringling Brothers !
“We’re very sure this will screw people more while we make more money”
merge.. create LESS Competition.. less companies.. higher prices.. keep making BILLIONS on Tax payer backs....................
I guess they’re not worried about Venezuela taking over…
Taking over what? is is the saudi king sponsoring the republican party not venezuela
Nothing is ever good for the poor people
You can't eat if refineries can't deliver the fuel at a fair price to customers !
Big oil doing the right thing, LMAO 😂😂😂😂😂😂😂😂😂
You think any company is any different? LMAO 🤣🤣🤣🤣🤣🤣🤣🤣🤣
Isn't Chevron tied to Venezuela?
Maria Bartiromo is the best
Excellent reporting on democrat dirty tricks.
Are you nuts ? That was a Big Oil Corporation buying another Oil Company from Guyana . That's Capitalism, that's USA . What the hell crossed your mind ? 😊😅
Are you nuts ? That was a Big Oil Corporation buying another Oil Company from Guyana . That's Capitalism, that's USA . What the hell crossed your mind ? 😊😅
Democrats regulations caused this.
If they fully merge ...easy to nationalize that industry
sounds like they getting richer and we getting poorer. were is or break.
Good going Maria!
Maria , one more time , acknowledge that Bidenomics
is working for the Country .
And that makes her so sad !
Poor sad Maria B .
☺️😅
Would I buy a car from this smooth talker? Nope, that's a hard no.
The key here is Guyana! "As of January 2024, an ExxonMobil-led consortium has discovered at least 11 billion barrels of offshore oil in Guyana. This is more oil per capita than any other country in the world, and almost three times as much as Saudi Arabia".
This will qualify them to be too big too fail on the taxpayers back
I love the gasoline engine in my American made car, period.
At naftos produktų pardavimas neduoda daugiau pelno nei grynos naftos pardavimai ?
Good thing American people are waking up to your lies.
Exxon is sticking it to them
Hess brings them cool collectible trucks
Its all about corporate profits . 😢😮
Big Boss oil man. I wouldn't trust him any more than Charlie Koch.
Yeah; then you can raise oil prices again! How about ten dollars a gallon!
It is sad,it is like squeezing
blood from a granite rock.
I thought we were not drilling/pumping oil? I keep hearing how sleepy Joe was taking our oil away.
10 percent to the "Big Guy". But seriously why are prices going up over 3 years? Is it supply or demand?
we were pumping record amounts of oil at least up till Dec
Growth from after 2022 or growth from 2019?....🤔
Drill baby Drill!!!
He just contradicted everything Maria has said for 6 months.
If Guyana was smart thed run not walk away from any American deal.
This tells me the two oil stocks Hess & Cevron are about to tank ...
Al Pacino 😮
It.s all about the shareholders in America.Sad
You can be a shareholder, this is a publicly traded company. Start building a portfolio a little at a time.
MORNING
Wow. Sounds like the oil companies are doing really well (pun intended or not). Way to go joe!
Invest in America. Mergers happen with more government. Our government can’t run anything.
Whatever he says, that ain't it.
More mergers are not the fix
Try to build a computer without oil.
Think of all the lube it took to make you.
Try to make chips without sand.
@@fett_420 try to make salsa without peanut butter.🤔
@@mikebolton3816 I like peanut chipotle salsa esse.
I'm hungry
Based Upon who said you cant make it up🤣
Drill baby Drill.
Repeat
Off shore of isreal? U mean GAZA?
Its already overpriced
What a crock.
Warren Buffet, a man that has proven he knows numbers, has just said that if 800 other companies as big as Berkshire-Hathaway were taxed at the amount and at their rate that no one in America would have to pay a dime in income tax!! WTF are we waiting for? The only questions I have are; do we have 800 other companies that meet the criteria and how do we go about structuring our government around these figures?
Trump made a huge tax cut to
Big Corps and billionaires.
Trillions of dollars in just a 4 years term . Result : he added
about $ 8 Trillions dollars to the USA Debt . A record by a landslide.
Put that criminal in prison ASAP .
🗽⚖️✍️
Time for Congress to bust up all the monopolies.
Gonna hurt the 401ks tho.
But needs to be done to refresh our system.
Losing money for the betterment of our system is better than giving your life right?
Just more consolidation by the wealthy. Less diversification yields higher prices. Always has and always will.
TRUMP 2024
SAVE AMERICA AGAIN
Nah, we don't need his socialism back. Giving out 4t in stimulus checks to the people is why we are in this mess.
Sir you dannot control rhe rul9ng party's push to do electricall of it. It us theur desires to corner everything and they will get your funds soon. We are in the same boat sir.
But yet my cost of fuel is outrageous, greedy.
??? Hey, do you think this guy would hire Biden H. To work on his company's board of supervisors??
AI Trump: Vice President Rush-you tube
Hypocrite actors
No way he is Biden lacky
THANKS JOE BIDEN!!!
Oil has more power than they know, if they jack prices to European standard 13 bucks a gallon they could bring this government and US citizens to its knees
Most of a European fuel price is tax.
All I hear is BS.