I found this article in the Krone quite interesting.
The DUMS that run Houston, are turning a blind eye to the coming collapse of the Houston economy.
No need for GAS....no need for JOBS at the refineries.
“CONOCOPHILLIPS SAYS IT WILL REDUCE CAPITAL SPENDING AND SELL SOME ASSETS”
Is ANYONE paying attention?
http://www.chron.com/disp/story.mpl/business/energy/6657619.html
Is ANYONE paying attention?
Thanks for the heads-up...
If other Oil Companies follow suit, the reduced capacity will drive up the price of oil and increase Industry Profits.
What's good for the Oil Industry is bad for consumer's wallets at the pump.
We should've been building electrically powered mass transit systems a lot sooner than now.