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Major Oil Companies' Capital Spending not Keeping Pace With Cash Flows

Discussion in '2008 Archive' started by KenH, Jan 28, 2008.

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  1. KenH

    KenH Well-Known Member

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    #1 KenH, Jan 28, 2008
  2. carpro

    carpro Well-Known Member
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    Short sighted profit taking?
     
    #2 carpro, Jan 28, 2008
  3. KenH

    KenH Well-Known Member

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    A lot of it is due to being shut out of places to explore by the national oil companies.
     
    #3 KenH, Jan 28, 2008
  4. carpro

    carpro Well-Known Member
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    And the U.S. Congress.
     
    #4 carpro, Jan 28, 2008
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