Replies to post #4234 on The Rising Influence of Rising Affluence

[DewDiligence]

Addendum from Shell’s 4Q11 CC: Worldwide production was 52% liquids, 48% gas.* In 2012, gas will be >50% and in 2017 it will be higher than in 2012, but it will not be as much as 60%. As of today, 75% of Shell’s worldwide gas volume (including almost all of its LNG) is linked to spot price of oil.

*By comparison XOM’s 4Q11 liquids/gas breakdown was 50/50 (#msg-71611622) and CVX’s was 69/31 (#msg-71497743)