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Started By
Message
re: Shell shite-cans GTL plant in Geismar
Posted on 12/8/13 at 12:11 pm to wickowick
Posted on 12/8/13 at 12:11 pm to wickowick
quote:
I saw somewhere that cost on the GTL plant went from 12.5-20 billion. That will make you rethink things also...
It was always $18 billion, media never reports real numbers. And yes Carmon Creek is a go and Franklin as of Thurs is too
This post was edited on 12/8/13 at 12:12 pm
0
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.
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.
Posted on 12/10/13 at 10:43 am to wickowick
Does this mean the price of natural gas going up? making it to expensive to convert
Posted on 12/10/13 at 12:23 pm to bigwheel
It means it could go up when you have increasing demand plus exports by 2015-2016. It's a risk factor.
Posted on 12/10/13 at 9:06 pm to cwill
She'll has had problem finding new discoveries... But it's far from being in trouble
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