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To: chessplayer

Don’t know much about the energy business, but if the hydrocarbons under that land are so valuable, why didn’t Exxon or Phillips 66 or Bill Gates or Warren Buffett buy it first?

This smells of the beginings of the handing over America to the UN.


7 posted on 12/19/2012 7:49:15 PM PST by MichaelCorleone (A return to Jesus and prayer in the schools is the only way.)
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To: MichaelCorleone
Don’t know much about the energy business, but if the hydrocarbons under that land are so valuable, why didn’t Exxon or Phillips 66 or Bill Gates or Warren Buffett buy it first?

In order of presentation:

Exxon: Already has unconventional shale liquids exposure through its acquisition of XTO Energy.

Phillips 66: Actually a refiner, not an E & P concern.

Bill Gates: You're kidding, right?

Warren Buffett: Isn't in the E & P biz. Somewhat surprisingly, the list of companies owned by Berkshire Hathaway shows no E & P concerns listed at all.
8 posted on 12/19/2012 8:14:04 PM PST by Milton Miteybad (I am Jim Thompson. {Really.})
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To: MichaelCorleone

You are unreasonably paranoid. This is about turning a profit by exploiting a resource, not ending sovereignty.


13 posted on 12/19/2012 8:49:25 PM PST by LifeComesFirst (http://rw-rebirth.blogspot.com/)
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