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Warren Buffett has been making a bold bet on oil prices over the past year. While oil prices have cooled off on fears that we're about to enter a global recession, that slump has reversed recently thanks to OPEC.
SAN RAMON, Calif. & VISALIA, Calif., October 06, 2022--Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and California Bioenergy LLC (CalBio) announced a joint investment in their second holding company to produce and market dairy biomethane as a renewable natural gas (RNG) transportation fuel in California. At signing, the holding company, CalBioGas Hilmar LLC, secured initial funding from Chevron to build infrastructure for dairy biomethane projects in California’s Merced