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re: Shell shite-cans GTL plant in Geismar
Posted on 12/8/13 at 2:34 pm to sneakytiger
Posted on 12/8/13 at 2:34 pm to sneakytiger
quote:They probably was tipped off by their folks south of the border - The Mexican senate just proposed legislation to allow folks other than Pemex (their own oil company - state owned) to explore and develop fields - Exxon and Chevron has already did the foreplay - a barrel of oil could head south pretty quick - Mexico has some potential reserves that are (a gamble) quiet large - this will still keep diesel 75 cents higher than gas per gallon.
Unfortunate news for the SLA area and hopefully not a harbinger of more to come. SIAP.
1
Posted on 12/8/13 at 9:23 pm to skinny domino
They have cancelled a bunch of projects lately including a huge campus like the ones in Houston and Chesapeake's in OK that was going to be built in Mand/Cov area.
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