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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: h_ who wrote (65227)10/14/2014 10:35:55 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221140
 
Too bad... get rid of the unions, then the oil drillers wouldn't be in such a pickle...

GZ



To: h_ who wrote (65227)10/15/2014 11:56:46 AM
From: robert b furman1 Recommendation

Recommended By
Chip McVickar

  Read Replies (1) | Respond to of 221140
 
May be bad for small domestic drillers - or those levered with too much debt.

Big oil producers with proven reserves can lever those assets by taking on low cost debt and buy up those with reserves and too much debt.

Already happened to the gas drillers.

Bob