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semi_infinite

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semi_infinite

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Saturday, 06/16/2018 6:36:04 PM

Saturday, June 16, 2018 6:36:04 PM

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Regarding Exxon capital spending plans. IMO the title makes it sound like a gamble rather than a catching up. Catching up after mistakes like XTO, Kashagan, and being unlucky wrt Russia events. Also not sure about the analogy of kerosene in lamps vs renewables in transport given the energy intensity.

https://www.bloomberg.com/news/articles/2018-06-15/exxon-doubles-down-on-oil
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