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OakesCS

01/14/15 1:42 AM

#9472 RE: DewDiligence #9470

As you've pointed out; 'tis the prisoner's dilemma

Things are getting a bit shaky - layoffs finally becoming heavy. I knew energy company stock prices wouldn't stabilize until this happened. Unfortunately, I think we have more coming.

linhdtu

01/14/15 9:57 AM

#9474 RE: DewDiligence #9470

A good article from FTAlphaville on the plumbings of the oil industry and how it can/may affect future crude pride but not spot price.
http://ftalphaville.ft.com/2015/01/12/2084942/a-capital-contango-and-why-oil-storage-economics-may-be-dead/