BILLIONS IN NEW FOREIGN INVESTMENT STREAMING INTO AMERICA’S BOOMING SHALE OIL AND GAS INDUSTRY
China Petrochemical Corp. will spend $2.5 billion in a joint venture with Devon Energy to explore oil and gas projects from the Tuscaloosa Marine shale in Alabama and Mississippi to the Niobrara shale in eastern Colorado in 2012 as it possibly becomes the state’s next big oil boom.
Now we can see a potential investment group in the area and will cause all entergy investors to look at ALL companies. This puts SSN in a good position.
Bob
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