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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 4724 times)

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AGelbert

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    • Agelbert Truth AND Consequences
Oil Majors' $60 Billion Cuts Don't Go Far Enough as Crude Slides  ;D
Quote

Each $1 change in the price of Brent affects Shellís pretax profit by about $330 million, while for BP the impact is $300 million, according to data from the companies. Chevronís cash flow would be hit by as much as $350 million.  ;D   Of the three, BP pumps the most crude.

http://finance.yahoo.com/news/oil-majors-60-billion-cuts-101726593.html
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

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