Friday, December 4, 2020

Tag: DOMINOES BEGIN TO FALL: BHP Chairman Says $20 Billion Shale Investment “MISTAKE”

DOMINOES BEGIN TO FALL: BHP Chairman Says $20 Billion Shale Investment “MISTAKE”

by Steve St. Angelo, SRSRocco Report:
As the U.S. and Global Oil and Gas Industry continues to cannibalize itself to stay alive, the Shale Dominoes begin to fall as a BHP Chairman announced its shale investment was a MISTAKE. Yes, it’s true, BHP Chairman Jacques Nassar said his company’s $20 billion shale investment six years ago, in hindsight, was a mistake.

According to the article, A $20 billion mistake: BHP Billiton chairman laments huge deal in US shale: