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DewDiligence

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DewDiligence

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Re: DewDiligence post# 7614

Wednesday, 10/23/2013 1:59:21 PM

Wednesday, October 23, 2013 1:59:21 PM

Post# of 30545
Addendum re Brazil's oil action: It's hardly surprising that one of the no-shows in the recent bidding for the Libra field was CVX, which has been subjected to undue civil and criminal harassment resulting from a small oil spill. What is surprising, IMO, is the absence of XOM in the auction.

Here's a discussion in the WSJ:
http://online.wsj.com/news/articles/SB10001424052702303672404579151941588752028

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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