Chevron Earnings Up 49 Percent to $4 Billion
EL SEGUNDO, CA - APRIL 28: Chevron's El Segundo Refinery is seen while their profits rise and the local price of gas hovers well above the $3 per gallon mark on April 28, 2006 in El Segundo, California. Chevron Corp.'s first-quarter profit soared 49 percent to $4 billion, placing it among the US oil companies reporting huge earnings as gas prices soar to record high levels. The San Ramon, California-based company's revenue totaled $54.6 billion, a 31 percent increase from $41.6 billion last year. The El Segundo Refinery covers approximately 1,000 acres with more than 1,100 miles of pipelines and is capable of refining nearly 270 thousand barrels of crude oil per day. (Photo by David McNew/Getty Images)
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Getty Images News
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28 April, 2006
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