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To: Salt'n'Peppa who wrote (206025)4/22/2025 1:11:43 PM
From: Elroy Jetson  Respond to of 206084
 
After Chevron reduces their job count from 40,000 to 32,000 Chevron will employ the same number of people they employed 46 years ago in 1981.

In 1981 those 32,000 employees helped produce 755,800 barrels of oil per day using 50 refineries.

Today Chevron's total daily oil production is 413% of the 1981 total or 3,100,000 million barrels per day using only 5 refineries which have become immensely larger than the largest of the largest refinery in 1981.

Just some of the acquisitions since 1981
1984 Gulf
2001 Texaco
2005 Unocal
2023 Hess

In 2020 when President Trump put the economy into a lock-down, Chevron briefly considered merging with Exxon, but this would have weakened the company financially rather than building strength.