[Jabba the Nutt]

Jeroen van der Veer, the chief executive, said that Shell, the world's second-largest non-state-controlled oil company, was planning to drop all new investment in wind, solar and hydrogen energy.

This is a clear signal to buy Shell. They're dumping the non-sensical, non-economic, money-losing "renewable" energy. Is rationality coming back to the oil industry?

[4woodenboats]

This is probably a coincidence, but Citigroup downgraded RDS from buy to hold about midnight ET.

No mention of the fact that Citigroup is now majority owned/controlled by the Obama/US Government.

Shares are down about 3.5% in pre market.