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re: Oil prices expected to drop? "Expect $50 oil, but not $2 gas"
Posted on 7/15/13 at 10:40 am to AUtigerNOLA
Posted on 7/15/13 at 10:40 am to AUtigerNOLA
FWIW I read in the dallas paper that Chevron is building an entirely new tower in houston, so they clearly don't forecast any drop. I know exxon just built a giant new campus there too.
I don't see any driver to push oil to $50 a barrel but I would certainly love it.Any tension seems to drive the price up.
I don't see any driver to push oil to $50 a barrel but I would certainly love it.Any tension seems to drive the price up.
This post was edited on 7/15/13 at 10:41 am
3
Posted on 7/15/13 at 10:43 am to ThaBigFella
Shell is also building/upgrading towers at their Woodcreek location.
Posted on 7/15/13 at 10:44 am to ThaBigFella
Not speaking for chevron but EMs consolidation to a new campus was about cost savings. They are exiting numerous buildings around Houston, Katy, and Fairfax.
Posted on 7/16/13 at 8:06 am to ThaBigFella
CVX is consolidating offices. Moving 800 employees from San Ramon and closing an office or two in Houston to move to the new building.
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