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1 posted on
10/29/2015 10:59:51 AM PDT by
thackney
To: thackney
I would imagine deep water drilling is a lot more expensive, hazardous, and disaster-risky than fracking is anyway. And fracking seems to be the wave of the future.
2 posted on
10/29/2015 11:17:03 AM PDT by
sparklite2
(All will become clear when it is too late to matter.)
To: thackney
"It is part of the company's plan to sell $1 billion to $2 billion assets a year as it braces for lower oil prices."
...or for prices that could stay near the same for a short time but maybe with a little more volatility. The difference between world and regional production and demand would seem to be good ones to watch along with international military and political activities.
3 posted on
10/29/2015 11:20:41 AM PDT by
familyop
("Dry land is not just our destination, it is our destiny!" --"Deacon," "Waterworld")
To: thackney
Probably because they know a change in the political winds is afoot, and on-shore, American drilling is going to be going gangbusters in the next few years.
6 posted on
10/29/2015 5:40:31 PM PDT by
backwoods-engineer
(AMERICA IS DONE! When can we start over?)
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