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Group: Energy Investing
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Re: *WHITE HOUSE CALLS EXXON'S RECORD PROFIT 'OUTRAGEOUS'
I see Doom shut this down, but I have an on topic reply. Sorry, I’ve been at the SPE frac conference (which has been great), and haven’t kept up with the board. The answer to your question is Shell has ZERO sizable oil and gas future prospects. Zero. They are driving investment into lower return renewable energy projects and begging governments to close the return gap with giveaways.