Article

2019-10-28 Economy

Small oil-and-gas companies get cold shoulder from large banks

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Posted by Besoeker 2019-10-28 05:09|| || Front Page|| [8 views ] Top

#1 This is either an unprecedented disaster (oh noes!) or simply the result of lower oil prices (thank you frackers!) and a long-term outlook that prices will stay low.

Note that none of the recent disturbances in the Middle East sent oil prices skyrocketing as they would have in the past. I wonder why that is.

Posted by SteveS 2019-10-28 10:46|| 2019-10-28 10:46|| Front Page Top

#2 Small companies shouldn't use banks...

I think BANKS put out these articles hoping some suckers will think OK they need a subsidy to loan (AKA taxpayer funded profits).

Posted by Bright Pebbles 2019-10-28 16:11|| 2019-10-28 16:11|| Front Page Top

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