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Royal Dutch Shell plc Message Board

  • dontowenothin dontowenothin Apr 24, 2006 9:25 AM Flag

    beware a blow out in oil price

    For almost a year oil has become uncompetive with coal conversion to oil nad gas. Sasol of South Africa has been doing this for years. Shell ahs been experimenting with extraction of oil shale in situ with electrical heating ( a combined technology with nuclear power)being its eye for the future. The current runup is fueled by pure speculation and price gouging.

52.20-4.66(-8.20%)Jun 24 4:02 PMEDT