Shell plans to cut down on its exposure to U.S. natural gas prices and increase investment for oil rich shales marking its shift to an oil focused investment. This comes in the wake of low U.S. natural gas prices which have dropped to a 10-year low, while oil prices gained 40 percent in the past two years. Continue reading here..
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Tuesday, February 7, 2012
Low US gas prices: Shell, ConocoPhillips, Talisman, Chesapeake to lower exposure
Shell plans to cut down on its exposure to U.S. natural gas prices and increase investment for oil rich shales marking its shift to an oil focused investment. This comes in the wake of low U.S. natural gas prices which have dropped to a 10-year low, while oil prices gained 40 percent in the past two years. Continue reading here..
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