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It would not matter in this case, Shell is a UK company

Posted on: October 27, 2022 at 13:38:22 CT
KC rules MU
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that does the bulk of its business outside the United States. Only 25% of their production is from North America and, after selling their Permian Basin assets in 2021, the bulk of that is from Canada. They do have refining and marketing in the US obviously but oil production is where they make their big money and that's a function of selling a product that is a commodity that is fetching a fairly robust price at the moment.

Edited by KC rules at 13:38:55 on 10/27/22
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Shell with 9.5 billion profit this quarter - JayHoaxH8r MU - 10/27 13:10:10
     Gotta make it now - Tigerfish MU - 10/27 13:45:31
          Rig count is now at pre-covid levels in the US - KC rules MU - 10/27 13:46:43
     For the most part, Shell is realizing profit from high - KC rules MU - 10/27 13:43:43
     But but Hunter Biden and shiite(nm) - JG MU - 10/27 13:30:27
          What does he have to do with this topic? (nm) - Sal CMSU - 10/27 13:33:39
               LOl isn't gas prices all on Biden? - JG MU - 10/27 13:34:45
                    Partially. Obama too.(nm) - TigerMatt STL - 10/27 13:42:48
                    It was your non-sequitor - Wildcat KSU - 10/27 13:37:27
                    I don’t think Hunter Biden has much to do with them - Sal CMSU - 10/27 13:35:33
                         LOL he doesn't have a GD thing to do with anything - JG MU - 10/27 13:43:30
                              What the hell are you talking about? (nm) - Sal CMSU - 10/27 13:45:22
                                   MY God Sal - JG MU - 10/27 13:46:35
                                        Try to stay on topic old man (nm) - Sal CMSU - 10/27 13:48:10
     Whatever they're selling must be important to people.(nm) - ummmm MU - 10/27 13:27:37
          Obviously companies shouldn’t make profits (nm) - Sal CMSU - 10/27 13:34:58
     Wake up to what? (nm) - Sal CMSU - 10/27 13:23:02
          Apparently he wants government to control prices.(nm) - TigerMatt STL - 10/27 13:24:04
               It would not matter in this case, Shell is a UK company - KC rules MU - 10/27 13:38:22
               They don't? - JayHoaxH8r MU - 10/27 13:24:39
                    No. But Democrat trash has fought against drilling, - TigerMatt STL - 10/27 13:41:18
                         false - ashtray UF - 10/27 13:54:51
                    What are we waking up to - Sal CMSU - 10/27 13:25:13
     Shell doesn't control the markets. 95% of oil contracts - TigerMatt STL - 10/27 13:17:30
     That is a drop in profit from last quarter - Spanky KU - 10/27 13:17:28
          Your trump saved them - JayHoaxH8r MU - 10/27 13:23:04
               So your Biden is giving them profits. - Spanky KU - 10/27 13:35:56
     3rd Q revenues 2021 - $60B, 2022 - $96B - tigerinhogtown STL - 10/27 13:13:53
          why do you think that is? - JayHoaxH8r MU - 10/27 13:16:08
               Prolly Putin(nm) - dangertim MU - 10/27 13:22:38
               somebody had to make up the lost product from Russia - tigerinhogtown STL - 10/27 13:20:17
               Left wing lunatics artificially imposing restrictions on the - TigerMatt STL - 10/27 13:20:15
     They must be punished. But how, nationalize energy? Nm - hokie VT - 10/27 13:12:38
          biden's fault - JayHoaxH8r MU - 10/27 13:13:29
               in 2020 they filed a loss of 5.56 per share - ashtray UF - 10/27 13:16:17
                    trump saved them - JayHoaxH8r MU - 10/27 13:16:37
                         by opening up the economy? - ashtray UF - 10/27 13:17:21
                              no - JayHoaxH8r MU - 10/27 13:22:35
                                   Biden went begging to them too (nm) - Sal CMSU - 10/27 13:40:40
                              And this guy's an economics teacher...... (nm) - MIZ45 MU - 10/27 13:20:17
     What price should oil companies lower their prices to? (nm) - mizzouSECedes STL - 10/27 13:11:26
          Enough so you guys quit crying about gas prices? - JayHoaxH8r MU - 10/27 13:12:57
               lol - mizzouSECedes STL - 10/27 13:16:29
                    covid even go to them. Trump saved them - JayHoaxH8r MU - 10/27 13:17:00




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