Allots

ChevronTexaco Allots $2.2 Billion for U.S. Activity in 2003

In announcing its capital and exploratory spending program for 2003, ChevronTexaco Corp. said $2.2 billion of the allocated $8.5 billion will be spent on exploration, production, marketing and transportation infrastructure in the United States. The $8.5 billion figure includes $1.6 billion in affiliates’ expenditures.

January 31, 2003