http://www.bloomberg.com/news/articles/2016-02-09/oil-drillers-exposed-in-three-way-hedges-as-crude-dips-below-30
Expect that in no time at all, big oil corporations will ask for a govt bail out. Weren't they regulated by the govt, and to get off that choke chain, they claimed how marvelous they could be if independent? The gulf spill from Deep Horizon says nope.
Expect that in no time at all, big oil corporations will ask for a govt bail out. Weren't they regulated by the govt, and to get off that choke chain, they claimed how marvelous they could be if independent? The gulf spill from Deep Horizon says nope.





