Marina Schwarz + 1,576 October 10, 2018 North American O&G industry faces $240B of maturities through 2023 @Tom Kirkman, don't you just hate being right? Quote Share this post Link to post Share on other sites
Tom Kirkman + 8,860 October 10, 2018 44 minutes ago, Marina Schwarz said: North American O&G industry faces $240B of maturities through 2023 @Tom Kirkman, don't you just hate being right? Wish I was wrong instead... 1 1 Quote Share this post Link to post Share on other sites
DA? + 301 jh October 10, 2018 4 hours ago, Marina Schwarz said: North American O&G industry faces $240B of maturities through 2023 @Tom Kirkman, don't you just hate being right? This has been foreseen by some for a number of years and where ridiculed for it. NY Times although made it more widely known. Can we expect subsidised loans from the USA government that in reality will not be paid back to bail them out? No wonder so many investors have become so shy about investing in this industry. Quote Share this post Link to post Share on other sites
Jo Mack + 43 JM October 10, 2018 Maybe I think the oil industry is a lot stronger than the NYT suggests. The majors will develop in areas that were untouchable before. I don't think they know the industry very well. As long as oil prices hold in the $70 range WTI, with a $6 to $8 spread on Brent I don't think a bailout is in the making. 1 1 Quote Share this post Link to post Share on other sites