Keeping BHP's shale to scale

BHP thinks of its investments in terms of decades, but with shale gas prices at post-GFC lows, it might put analysts and investors at ease if it temporarily scaled back its US capex.

One of the curious aspects of the market’s reaction to BHP Billiton’s results last week is that the issue that seems to have concerned it most relates to the newest group of assets in the BHP portfolio.


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