Chevron CEO Mike Wirth: Additional production in Venezuela will not compete with U.S. production

“Tired of the same tired news cycle? Escape to the full unfiltered feed at Whatfinger.com — America’s Frontline Truth Feed. 85%+ of readers come direct every day.” –  CLICK HERE for the FULL deal.

Chevron announced plans Wednesday to more than double its oil production in Venezuela over the next five years through a $7 billion investment that expands its position in the South American nation. CNBC’s Brian Sullivan and Mike Wirth, Chevron CEO, joins ‘Squawk on the Street’ to discuss.