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10-14-2015, 07:32 PM
(This post was last modified: 10-14-2015, 07:32 PM by twiceblessed9.)
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Cheap oil is creating headaches for the Wall Street firms that bankrolled America's oil boom.
That's because the crash in oil prices is putting energy companies under financial stress. Oil revenue has dried up, yet these companies are still saddled with tons of debt.
http://money.cnn.com/2015/10/14/investin...index.html
Cheap oil is creating headaches for the Wall Street firms that bankrolled America's oil boom.
That's because the crash in oil prices is putting energy companies under financial stress. Oil revenue has dried up, yet these companies are still saddled with tons of debt.
http://money.cnn.com/2015/10/14/investin...index.html