What's Chewing Up ExxonMobil's Bottom Line----Loss-Making Economics Of Shale

After reporting lower than expected earnings, ExxonMobil’s stock price sold off on Friday.  The company blamed poor performance due to reduced production volumes and a lower oil price.  However, the real culprit will turn out to be Exxon’s big move into the Great U.S. Shale Oil Ponzi Scheme.

 

 

 

 

 

https://srsroccoreport.com/lousy-shale-economics-financial-troubles-continue-at-exxonmobil/

 

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