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Chevron CFO says gas prices will normalize after Trump presses Big Oil
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- Chevron Chief Financial Officer Eimear Bonner told CNBC on Thursday that the oil major expects U.S. gasoline prices to fall as the Middle East situation continues to normalize.
- Responding to Trump's criticism, Chevron's Bonner said energy majors were "doing everything we can" to resolve the situation, but that it would take time for fuel prices to come down.
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Chevron Chief Financial Officer Eimear Bonner told CNBC on Thursday that the oil major expects U.S. gasoline prices to fall as the Middle East situation continues to normalize.
Her comments come shortly after U.S. President Donald Trump ordered an investigation into Big Oil, accusing them of "gouging" consumers by failing to lower gasoline prices in line with the recent decline in crude prices.
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