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Started By
Message
re: Big baws move to dominate Permian
Posted on 8/6/19 at 4:27 pm to TH03
Posted on 8/6/19 at 4:27 pm to TH03
It was thier gameplan all along. Let the independents do all the leg work and find the sweet spots. Run themselves broke trying to keep their stock prices up then the majors will sweep them up on the cheap.
2
Posted on 8/6/19 at 8:55 pm to GREENHEAD22
quote:
was thier gameplan all along. Let the independents do all the leg work and find the sweet spots. Run themselves broke trying to keep their stock prices up then the majors will sweep them up on the cheap.
And use their market share to drive up oil prices
Winning
Posted on 8/7/19 at 8:05 am to GREENHEAD22
This was thier gameplan all along. Let the independents do all the leg work and find the sweet spots. Run themselves broke trying to keep their stock prices up then the majors will sweep them up on the cheap.
——This has always been the Exxon way, going back to Rockefeller buying out independent producers for pennies on the dollar, over 100 years ago.
So you’re right, not a surprise
——This has always been the Exxon way, going back to Rockefeller buying out independent producers for pennies on the dollar, over 100 years ago.
So you’re right, not a surprise
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