[thackney]

Shell has recently exited their shale holdings

All of the shale holdings? Or just one or two?

http://s03.static-shell.com/content/dam/shell-new/local/country/usa/downloads/onshore/onshore-assets-insert.pdf

[Owen]

The ones that matter.

http://powersource.post-gazette.com/business/2014/03/14/Shell-to-restructure-shale-assets-in-U-S/stories/201403140072

“”Some of our exploration bets have simply not worked out,” Shell’s CEO said.”

Scarcity. Embrace it.