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re: Shell oil reports record profit

Posted on 5/6/22 at 9:21 pm to
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 5/6/22 at 9:21 pm to
Deconstructing Russia’s supply network to Europe, cutting off spot purchases, not renewing long term contracts with Russia, Henry hub at $8/mmbtu (vs $3 and projected to climb to upwards of $20/mmbtu), and general volatility in energy supply security….

Perhaps in play.

Just a hunch, of course.
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