Oil prices crashed and Chevron still made nearly $24 a barrel

Posted by San Ramon Marketing on July 28, 2012

Take just about any business situation in which the value of a company's primary product suddenly falls by more than 29% and it could be time to panic. Then there is the oil patch, where billions of dollars in profits are possible even after that kind of collapse in crude prices. Chevron Corp. of San Ramon, Calif., is just such an example.

  • Facebook
  • TwitThis