2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

4:00 PM EST

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To: TobagoJack who wrote (41283)	10/14/2008 2:10:53 PM
From: energyplay	Read Replies (2) of 217723

We need to look carefully at energy trusts. Those that can self fund their expansion, or issued debt for drilling last year or even two months ago are going to be okay. Any energy trust or E&P that was planning for a loan or debt issue has a problem - they may need to cut back, inlcuding dividends and distribution, to self fund capital projects. Also, it is likley the banks will require even more hedging of production, which right now would just lock in low prices. It is just like musical chairs - the music stopped, and some people were without a chair...

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