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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.

  1. KenH

    KenH Active Member

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  2. carpro

    carpro Well-Known Member

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    Short sighted profit taking?
     
  3. KenH

    KenH Active Member

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    A lot of it is due to being shut out of places to explore by the national oil companies.
     
  4. carpro

    carpro Well-Known Member

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    And the U.S. Congress.
     
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