Chevron CEO Sees Oil at $100

The transcript discusses the current market trends, highlighting the tightening supply and drawing inventories, suggesting a movement towards higher oil prices. It explores the potential impact of $100 per barrel oil prices on the US and global economies, noting that despite higher prices, the economy remains resilient. The discussion also covers long-term price strategies, emphasizing a stable approach despite market volatility influenced by events like the pandemic and geopolitical tensions.

What are the potential effects of oil prices reaching 100 dollars a barrel on the US economy?

How have higher oil prices affected the global economy according to the speaker?

What does the speaker suggest about the underlying drivers of the economy in the US?

What is the speaker's view on the sustainability of higher oil prices in the long term?

How has the market behaved since the pandemic according to the speaker?