<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>This week saw further confirmation that all is not well in the shale gas industry as ExxonMobil CEO Rex Tillerson admitted "We are all losing our shirts today."..."We're making no money. It's all in the red." The news comes as little surprise since the price of production is estimated to be around $4-7/per million BTUs and prices have been languishing around $2...</p>
<div class="image-clear"></div><p><a href="http://www.energybulletin.net/stories/2012-06-29/odac-newsletter-june-29">read more</a></p>