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John McDonald Vice President Corporate Strategic Planning Chevron Corp.

Navigating The New Energy Equation. John McDonald Vice President Corporate Strategic Planning Chevron Corp. Who Owns the World’s Oil and Gas Reserves. Billion Barrels of Oil Equivalent. Source: CSFB. Investment Decisions More Difficult in Face of Rising Capital Costs.

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John McDonald Vice President Corporate Strategic Planning Chevron Corp.

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  1. Navigating The New Energy Equation John McDonaldVice President Corporate Strategic Planning Chevron Corp.

  2. Who Owns the World’s Oil and Gas Reserves Billion Barrels of Oil Equivalent Source: CSFB

  3. Investment Decisions More Difficult in Face of Rising Capital Costs IHS/CERA Capital Cost Index 1Q-07 179 3Q-06 167 1Q-06 148 Source: CERA

  4. The Carbon Gap 2005 - 2055 Source: S. Pacala/R. Socolow, Princeton University

  5. Responding to the Challenges 1 Wider Access to Resources 2 Use of Alternatives 3 Sound Environmental Practices 4 5 Technology Appropriate Policy

  6. Questions?

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