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Home Tin HOT

Putin may challenge US shale industry: Former Shell Oil president

admin by admin
March 27, 2020
in Tin HOT
49
Putin may challenge US shale industry: Former Shell Oil president



Former Shell Oil President John Hofmeister provides insight into the Russia-Saudi price war sending oil prices plummeting amid coronavirus anxiety. #FoxBusiness

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

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Comments 49

  1. ALI Fallah says:
    2 years ago

    Bs media

    Reply
  2. James Irving says:
    2 years ago

    HILARIOUS to see Trump's 2 BEST BOYFRIENDS Putin and MBS, STAB Trump in the BACK by CRIPPLING US Oil Producers….If the price doesn't RISE above $50 by the end of April, 40-60% of US Fracking Companies will go BANKRUPT!!! LMAO!!! And Trump TRUSTED those 2 Despots!!! Oh My! 🙂

    Reply
  3. William B says:
    2 years ago

    I see no problem with observing the glut-greed financiers and unforgiving corporate gorgons keenly destroying America's huge rural environments in pursuit of their Holy Grail It was all about insane lusting for huge profits….come hell or highly toxic drinking waters now leading to their own ruin and destruction. The Shale Oil Industry is an industry that should never have begun. A young school kid could've predicted their duly deserving collapse.

    Reply
  4. Andris Briedis says:
    2 years ago

    Saudi Arabia stop Putins ambitions of terrorism in the world.

    Reply
  5. Shawn Clark says:
    2 years ago

    Russia is going to bring both the U.S and Saudi Arabia to its knees!!!

    Reply
  6. Alexandra Cuco says:
    2 years ago

    Poccya 1111111111111111111111111

    Reply
  7. Staphylococcus Aureus says:
    2 years ago

    Enjoy tough answer to your sanctions…

    Reply
  8. michael jango says:
    2 years ago

    Everything blame to Russia and president Putin am sick and Thayer to hear it’s a business game if you lose you lose

    Reply
  9. SL TM says:
    2 years ago

    Shell , clean up Nigeria first

    Reply
  10. Marek Pająk says:
    2 years ago

    OK Vlad, feel free to challenge anybody you want, with your GDP per capita of $10,000, compared to $59,000 per capita in USA. I like the GDP figure because it cuts through all the crap, cuts through state propaganda, and averages out the top 3% wealthiest citizens. GDP per capita shows the reality of being a Third World country, in the same league as Africa. Putin's GDP is far worse than Botswana at $18,000.

    Reply
  11. fenixfp40 says:
    2 years ago

    What a load of BS

    Reply
  12. TheMilosgrozni 2 says:
    2 years ago

    "putin is angry about sucsess of us shale companies "…WTF.??…US is hitting russia with sanctions and is also sanctioning countries who do any business with russia…DON'T YOU THINK THAT AT SOME POINT THEY WOULD RECIPROCATE AND HIT US WHERE IT HURTS ?

    Reply
  13. Sanjay Shetty says:
    2 years ago

    Less petrodollars means less funding for Terrorism. The most efficient way to eliminate Terrorism.

    Reply
  14. Puerto Rico Food says:
    2 years ago

    No more money for ISIS !

    Reply
  15. James Deanski says:
    2 years ago

    US Is just a Very FAKE ECONOMY
    Printing $$$ . Ran by Exxon, Mobil, Haliburton etc.
    Shame They (US). Control EVERYTHING.

    Reply
  16. Igor Bob Asgard says:
    2 years ago

    Saudia have military budget more then Russia , they have the most modern American weapon , and USA as an a friend .
    Russia has no chance against Saudits.

    Reply
  17. Colonel Chuck says:
    2 years ago

    MBS the Saudi Prince and America's ally poured oil on the market, because Putin refused to lower oil production. But notice the propaganda twists it—-Putin Did It!

    Reply
  18. Ursula Widawska says:
    2 years ago

    Alejezera is financed by the Saudis and observe the bloody American ACCENT of the Speaker – be aware they all lie! You bloody Idiots. Putin is better than the USA and had bigger brains than any American on this Planet! Countess Ursula Widawska

    Reply
  19. outbackeddie says:
    2 years ago

    Time to boost my oil company holdings. Buy low sell high is my motto (even though I usually buy high and sell low).

    Reply
  20. King of Youtube says:
    2 years ago

    Bull shite

    Reply
  21. Arnold Patopaten says:
    2 years ago

    Great spin.

    Reply
  22. Pablo R Hodgson says:
    2 years ago

    Bailout in the horizon

    Reply
  23. Renato Tiamzon says:
    2 years ago

    I wouldn't worry about these oil companies at the moment. They have taken and continue to rake it in from us mainstreeters and poor working class. We have our own surviving from this virus to attend to.

    Reply
  24. Paul RupRai says:
    2 years ago

    So why don't you have an oil price clock so everyone can see what the oil price ( WTI )is ?

    Reply
  25. James Campbell says:
    2 years ago

    ………and there's me thinking the US was oil independent, sounds like a little drop in oil prices has exposed the lie. How is all this Russia's fault anyway? Didn't the Saudis manipulate the price?

    Reply
  26. Hendrawan Gosali says:
    2 years ago

    He only says "How low can you go, Bud ?" …

    Reply
  27. JG WENTWORTH says:
    2 years ago

    Companies may go bankrupt but the pumps keep pumping . Only the shareholders lose . Surely Russia and Saudi know that.

    Reply
  28. Art Bass says:
    2 years ago

    If this was an attack by Putin, it was in direct response to Trump putting pressure to stop the Nord Stream pipeline from Russia to Germany in the Baltic Sea. The pipeline was 90% finished. This action was Putin showing Trump that Russia won't be supporting the American shale industry any more. Putin just spanked Trump hard. This is a perfect example of how the United States is not as powerful as Trump believes it to be. The United States is losing its power rapidly. Trump has helped create this situation with his inexperience and hubris. When Trump took over he thought he was going to rule the world. It is clear now he can't do anything right. China won the trade war and Russia sinks an American industry in one day. Well done Trump. "America First" has turned into "America Last."

    Reply
  29. Taro Gammeng says:
    2 years ago

    The anchor lady has a crazy necklace 🤣

    Reply
  30. seer says:
    2 years ago

    BS why would Russia shoot itself in the foot already under sanctions and hurt by low oil prices? Why would our allies the Saudis do this?

    Reply
  31. Srdjan Millin says:
    2 years ago

    Petro dollar is going to history

    Reply
  32. Srdjan Millin says:
    2 years ago

    hahahahahaahahahaha talking of shameless propaganda …. Russia is ready for 10years of this oil war… Saudis started this with push in back from Usa it was a bluff that Russia didnt folded on, this is not Russia fault it is Usa and Saudis

    Reply
  33. Craig Bigelow says:
    2 years ago

    Oil industry wants price controls to keep the price up? Controling prices on healthcare never seems to be an issue in that regard!

    Reply
  34. ABC 123 says:
    2 years ago

    Russia has enough gold to run a deficit for five years in the oil industry

    Reply
  35. ABC 123 says:
    2 years ago

    Maybe putin is just giving the US karma

    Reply
  36. Luke Vanlaar says:
    2 years ago

    Everyone who stands against the US will use this virus panic to attack the US economy. Oil is just one. The global elites are today proving by controlling the narrative, using fear mongering at its worst, showing runs on supermarkets by hysterical lemmings that they now know how to really damage specific economies and reduce populations of targeted groups. Covid-19 targets the elderly and most deaths are aging citizens. The goal as Bill gates openly discussed is to remove 50% of the then 6.8 billions of humanity with his CO2= PxSxExC formulae. Next "pandemic" coming soon…..

    Reply
  37. Oscar Peter Arcuna says:
    2 years ago

    GO RUSSIA..

    Reply
  38. Sihar Tobing says:
    2 years ago

    War w3 Begin Now, Sir Mr Putin Russia Country President Very Brave Leader Man , Before Russia Not Ever To Invant Any Country, Now Time To Change Sir, ……. God Bless Sir, ….. Cheerio.🌠🇫🇷🌠👍👍👍🌠🌟🌠.

    Reply
  39. Aesop says:
    2 years ago

    Lets see, Russia wants to maintain oil production at existing levels, but Saudi Arabia has increased their production effectively dramatically dropping the price of oil.
    The flow on effect is that the shale oil producing companies could face bankruptcy.
    John, John, Oh John, please explain, how Russia is threatening US oil production and not Saudi Arabia? Are you speaking on the basis that you have a foot in the Saudi camp?

    Reply
  40. Peter Bowen says:
    2 years ago

    HA HA on the pill companies.
    They been ripping the consumer off for years.
    I love it , you babies

    Reply
  41. Charlie Can says:
    2 years ago

    America is slowly killing itself by poisoning their underground water which is running out.

    Reply
  42. Foppo Leeuwerke says:
    2 years ago

    Putin is no fool not a leader to mess with.

    Reply
  43. pametnaradionica says:
    2 years ago

    Wait a minute!
    Didi he just say, and in the first sentence that saudi`s started a price war AGAINST Russia, and , just a few sentences later, that it was all Putin`s doing?
    Way to go Fox!

    Reply
  44. Sweet Home says:
    2 years ago

    Haaaaaaaaaaaaaa despite Roman empire fooling a part.

    Reply
  45. alrestauro says:
    2 years ago

    We need to get the hell out of Oil! We don't need foreign Oil Countries to dictate how we live our life. We need to go GREEN! GREEN ENERGY!

    Reply
  46. wayne stewart says:
    2 years ago

    These countries like Saudi Arabia and Russia are going to be in big trouble in a few years because every other car is going to end up being electric people are going to stop by and so much fuel Saudi Arabia is going to be a big trouble Rush is going to be in big trouble they're going to end up looking exactly like Venezuela

    Reply
  47. Sandor Daroci says:
    2 years ago

    Our success with shell oil?…LOL .. you people are dumbest idiots in MSM!

    Reply
  48. Jara Borgesova says:
    2 years ago

    What a display of demonizing propaganda! bravo, bravo! Just blame russia!!!

    Reply
  49. koot dirker says:
    2 years ago

    Purin is not angry at the success of american shale oil production, he just retaliate against american sanctions.
    It's payback time for american interference in Russian internal affairs and sanctions so don't cry now you've been laughing at Russian civilizations suffering as you do against all those you sanction

    Reply

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