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ConocoPhillips CEO says shale bubble worries are unfounded

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Comments (6)
  • nemonemo
    , contributor
    Comments (333) | Send Message
     
    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 2014, 04:54 PM Reply Like
  • abwehr
    , contributor
    Comments (6) | Send Message
     
    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 2014, 05:12 PM Reply Like
  • nemonemo
    , contributor
    Comments (333) | Send Message
     
    Read the article 500B disappointment shale disappointment in Bloomberg. Its depressing.
    21 Feb 2014, 05:16 PM Reply Like
  • Veritas1010
    , contributor
    Comments (1822) | Send Message
     
    Believe him.

     

    disc.: long, very long COP.
    21 Feb 2014, 08:35 PM Reply Like
  • smurf
    , contributor
    Comments (4702) | Send Message
     
    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 2014, 11:32 PM Reply Like
  • tgar13
    , contributor
    Comments (193) | Send Message
     
    nemonemo
    Why don't you leave a link to that Bloomberg Article?
    22 Feb 2014, 10:32 AM Reply Like
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