Exxon investing $100 Billion

[Dalite]

Hey aquadude, the only reason i posted was to give an accurate acount. im not here to break up your pre-rv party. the level at which you replied in return is downright shameful. Im still hoping for a rv also. How about debating the topic with facts rather than personal slander attacks.

Let us know how that suggestion works out for you.....

[Darin]

Are you starting to realize that Exxon spending money to upgrade equipment/oil fields that are being pumped out of already has NOTHING to do with what happens to Iraqs currency??

Are you starting to realize that pretty much everything you stated in the original post doesnt make any sense in regards to this being evidence there will be no lop?

Are you starting to realize what you actually read, instead of what you want to read? This article is about Exxon spending money on upgrades to equipment already pumping oil in a few fields.....this is just like you spending money to rebuild the walls to your business....its not gonna determine the outcome of the USD....

Good Points... And it is not like they are going to just write one check and spend that $100B, it'll likely be over the course of several years. Spending it in different areas, on a as-need basis. The $100B is likely a larger estimation of the total project to meet a goal. They will always continue to spend there as they have contracts.

[keepmwlknfny]

Good Points... And it is not like they are going to just write one check and spend that $100B, it'll likely be over the course of several years. Spending it in different areas, on a as-need basis. The $100B is likely a larger estimation of the total project to meet a goal. They will always continue to spend there as they have contracts.

Yep yep....its quite clear in the article that there are 3 different companies spending 100B total to fix up oil fields they are presently pumping oil from....

But Exxon is spending the most 50B, and the other two BP and another are spending another 50B.....

Costs of maintaining this kind of stuff can get pretty expensive!