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Chevron Urges Energy Conservation as Gas Prices Surge

4/15/2026

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Story summary
  • Chevron executive Andy Walz urged Americans to drive less and conserve energy as gas prices rise amid the war with Iran.
  • Since the conflict began in late February, ship traffic through the Strait of Hormuz has declined, with Brent crude approaching $100 per barrel and potentially affecting supply chains.
  • Walz said there is no quick solution to lower prices while oil remains expensive globally.