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The current average price for gasoline in the US is $4.17 per gallon.
Chevron has resumed Venezuelan crude imports, currently bringing in 250,000 barrels per day to the US.
KEY POINTS
- A Chevron executive confirmed US gas prices would be higher without Venezuelan crude imports.
- Chevron plans to increase Venezuelan oil production by about 50% within the next few years.
- Venezuela exported 1 million barrels per day in March for the first time since September.
COMPANIES
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