Read the below article about Chevrons capital budgeting and share your takeaways incorporating the concepts we have been studying. You are also encouraged (but not required) to do your own online search and find another interesting article on capital budgeting and share that article and your insights with the class.

http://www.ogj.com/articles/2013/12/chevron-s-39-8-billion-2014-capital-budget-lower-than-2013.html