Wonder how many more Whiting Petroleum's we are going to see in the US.. | TGA Message Board Posts

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Msg  5726 of 5767  at  2/12/2020 11:37:10 PM  by

Flying_trader


Wonder how many more Whiting Petroleum's we are going to see in the US..


There are a lot (most) of the frackers who are highly leveraged and won't be finding new capital easy to get when it comes time to pay the piper...

On a side note I see Jim Cramer is again ringing the death knell for Oil and Gas saying O&G as well as pipeline companies are history...

Well, not sure there is enough lithium in the world to convert all the vehicles to electric, not to mention enough capital to buy all those 50k plus vehicles...

But needless to say, it is not a good time to be in the O&G space, but yet I remain...

ARGH..


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Msg # Subject Author Recs Date Posted
5728 Re: Wonder how many more Whiting Petroleum's we are going to see in the US.. rocback 2 2/13/2020 6:43:59 PM






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