Reply to "Exxon’s investment decision for Liza Phase-2 delayed -as gov’t plans scrutiny of field development plan"

BasemanSenior Member

Drugb posted:
Anyone notice the tanking of crude oil prices? Will this affect the scheduled oil money supposedly flowing in 2020?

Yes, I intended to mention. We are in major oversupply. This is a multi year issue unless Iran takes out Saudi capacity. America is now pumping 11 million a day.

11/25/182:33 PM

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