Oil supermajors have come to realize that shrunk capex plans will make their exploration efforts profitable in lower-cost, lower-risk areas, and have changed drilling tactics to the ‘less is more’ philosophy, a Wood Mackenzie analyst told CNBC on Monday. <<
Those rotten ba$$turds better not have a “Profit motive”....../s
What about little oil? I’m sure they’re a threat to big oil. Should President)hopefully) offer them loans to explore with the idea they pay back big time if they discover anything?
3 posted on 09/20/2016 7:25:37 PM PDT by DIRTYSECRET
(urope. Why do they put up with this.)