I don't know if folks have noticed, but of the international oil companies, the one that seems to be in the news most often is Statoil.
This a.m. CNBC had a guest on talking about the tanker business, TK Corporation. Whether he mentioned it or not, the dialogue box under the video said that Statoil was TK's biggest customer.
A few minutes ago, Jim Cramer said his guest on his show (Mad Money) tonight would be the CEO, Statoil. Cramer wants to know why Statoil is the most aggressive foreign oil company investing in US shale. A big "thank you" to a reader for sending in the link for the video.
Here's the clip:
ReplyDeletehttp://www.cnbc.com/id/47896708