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    - Shell abandons North Slope oil leases, raising questions about the industry’s fu

    Started by RE May 25, 2024, 08:12 AM

    Message path : / Planetary Material Conditions / Peak oil / Shell abandons North Slope oil leases, raising questions about the industry’s fu #5


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    RE

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    May 25, 2024, 08:12 AM
    Quote from: TDoS on May 25, 2024, 06:05 AM
    Quote from: K-Dog on May 24, 2024, 11:24 AMShell is increasing their MEOMI  Money earned on money invested.
    Generally referred to as IRR (internal rate of return). They don't use the word money because it sounds so...banker-ish. Oil men don't like being mistaken for money grubbing bankers at any level. 

    Like the Heroin dealers in Lethal Weapon who always call it "the merchandise".

    RE

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