Gas prices go lower than now but skyrocket way up

[dreamevil]

I wouldn't doubt this because many smaller energy companies are going bankrupt right now...just listen to Jim Willie...plus a lot of the derivitives exposure is on these energy companies that are losing money big time especially the fracking companies because the price per barrel in order to break even has to be around $90 a barrel...it's $45 right now. Those companies that didn't put a futures hedge on their oil a while back are in the deepest trouble because the price keeps tanking...Morgan Stanely is the biggest holder of the hedge on the futures contracts and when it blows up there will be no way Morgan Stanely can cover the trillions in futures contracts on oil, anyway, so even more energy companies will go down.