Seeking Alpha

ConocoPhillips CEO says shale bubble worries are unfounded

Comments (6)
  • While Shell ran away from it as fast as they could. Look at SM earnings. XCO and HK, all said shale is a bust bigger than housing.
    21 Feb, 04:54 PM Reply Like
  • Shell did not run away. They are banking on Marcellus and Utica shales to provide feedstock for their $2.5billion ethane cracker in Monaca just outside of Pittsburgh.

     

    They passed on US Gulf Coast.
    21 Feb, 05:12 PM Reply Like
  • Read the article 500B disappointment shale disappointment in Bloomberg. Its depressing.
    21 Feb, 05:16 PM Reply Like
  • Believe him.

     

    disc.: long, very long COP.
    21 Feb, 08:35 PM Reply Like
  • The shale skeptics are the anti-fossil fuel, carbon tax crowd. They'd rather have windmill and boondoggle solar farms that kill wildlife, and in the latter case, raise the surrounding temperatures. Pay them no mind.
    21 Feb, 11:32 PM Reply Like
  • nemonemo
    Why don't you leave a link to that Bloomberg Article?
    22 Feb, 10:32 AM Reply Like
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