Chevron CEO blasts U.S. oil debate

"I want to talk about the notion of independence and debunk it," O'Reilly told a conference sponsored by the Center for Strategic and International Studies.
"Our industry, this business, has not been independent as far as the United States is concerned for a long, long time. We gave up on that notion 50 years ago."
O'Reilly, chief executive of the No. 2 U.S. oil company, dismissed suggestions that the nation could rely fully on domestic resources to satisfy its growing appetite for energy.