Thread regarding Marathon Oil Corp. layoffs

Beginning of the End for Shale Ponzi Scheme

Banks and investors have realized that the shale plays are a Ponzi schemes and not giving loans or investments. What happened to all the profits when oil was $60 - $125??? Not to mention GRU invested over $5 billion dollars into NON-PRODUCTIVE assists in Delaware and SCOOP/STACK (payrock) acreage. All while taking the highest pay and compensation in the oil and gas industry.

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If MRO took the cash invested in OK and Permian shale and put it in the S&P index, the share holders have been better off - slam dunk!

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