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re: $19 Crude. Wow.
Posted on 3/29/20 at 6:04 pm to bayoubengals88
Posted on 3/29/20 at 6:04 pm to bayoubengals88
Pick your majors not etf or index...
You want someone that can survive on assets and live through a low price...
That is not shale players——oil or service
Back to the future...1980s:(
You want someone that can survive on assets and live through a low price...
That is not shale players——oil or service
Back to the future...1980s:(
2
Posted on 3/29/20 at 6:09 pm to Thecoz
If the government plans on saving the airlines then you can bet you arse they gonna save big oil. It’s a matter of national emergency now that we are the worlds leading producer.
Posted on 3/29/20 at 6:10 pm to Thecoz
quote:
You want someone that can survive on assets and live through a low price
Yeah Exxon, Chevron, Shell, and BP will be the only ones that make it through this intact. Marathon, Apache, Continental, Pioneer, Oxy etc. will all be history unfortunately.
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