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re: Update, May crude oil futures now down to under $12
Posted on 4/20/20 at 9:12 am to Nado Jenkins83
Posted on 4/20/20 at 9:12 am to Nado Jenkins83
efficient at making oil, but incredibly inefficient at making money and investors have caught on. if not for this steep decline in oil prices, energy co's would have suffered from a lack of liquidity/investment in oil and gas
1
Posted on 4/20/20 at 9:20 am to CheesyF
quote:
efficient at making oil, but incredibly inefficient at making money and investors have caught on. if not for this steep decline in oil prices, energy co's would have suffered from a lack of liquidity/investment in oil and gas
you have no idea what you are talking about and are just spewing hateful nonsense. the O&G big boys in North America can and have survived recessions in the industry like this because their portfolio is faaar more diverse than just oil. trust me, if BP, Chevron, Shell, and Exxon go under - the rest of the country is already FUUUCKED. but please continue embarrassing yourself.
muh, truck nuts.
quote:
Get rid of oil subsidies and subsidize the more expensive less efficient green energy!
LOL @ you thinking the major energy companies in NA are going anywhere.
odds are the expensive solar panels and wind farms you are dreaming for in your progressive green utopia will have a Chevron logo slapped on them.
This post was edited on 4/20/20 at 9:26 am
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