Replies to post #7614 on The Rising Influence of Rising Affluence

[DewDiligence]

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

[DewDiligence]

Shell director bought 2,000 RDS-A shares today on the open market at €24.75, which equates to $66.86 per class “A” ADR (one ADR = 2 ordinary shares):

http://www.sec.gov/Archives/edgar/data/1306965/000130901413000733/htm_8090.htm