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re: Shell selling Convent refinery

Posted on 8/6/20 at 6:48 pm to
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 8/6/20 at 6:48 pm to
quote:

I’m still amazed that the Saudis didn’t go buy some other US assets over the last three years. They just have Port Arthur and some pipelines and terminals as of now


Reason, they going broke. Really. To make their ends to meet, oil has to trade above $80 a barrel. They drop a shite load of money to their people. No taxes or the likes.
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