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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 5585 times)

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AGelbert

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    • Renwable Revolution
Nope. No sign of a bottom here. In fact, sell every rally!

WTI Crude closes on its lows, falls another 1.77% to $43.75...Oil down for the sixth straight week! :o  ;D :D


Mercury,
 


To MKing who pretends he does not know what SLB means even though he DID NOT deny holding that stock when we discussed it in December of 2014.

Schlumberger Limited.

NYSE: SLB - Aug 7 7:50 PM EDT

82.26 Price decrease1.35 (1.61%)

After-hours: 82.22 Price decrease0.04 (0.05%)

For those of you, (unlike MKing.  ;)) who have not heard of the Schlumberbger planet trashers, read on.

Read what this giant polluter and OWNER of most of the fracking machinery says about how to 'handle' environmental legislation:

Schlumberger N.V. (SLB): The BIG OIL Planet Polluter you never heard of

Yes, the above post is somewhat dated. In that post from October 24, 2014, SLB had a market cap of about 130 billion dollars. They are now at  105.8B. Easy come, easy go, eh?
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

 

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