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partysasquatch

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partysasquatch

Re: Mike2112 post# 8187

Thursday, 12/22/2005 2:55:47 PM

Thursday, December 22, 2005 2:55:47 PM

Post# of 79921
Progas margin is dependent upon the price of the buy in contracts signed and the volatility of the spot market.

An easy way around that is to not sign extended contracts and charge a percentage for bringing the oil to market.

A contract can get you filthy rich or broke. Look at Enron's contracts. From Wall street darling to dog.

A 5% margin for bringing the oil to market is acceptable. Then the bottom line grows as the company adds more oil customers rather than trying to mess around with the volatility of the market.

Party

Party on dudes!!!

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