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Oil Price Slide Worsens Company Debt Woes
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Companies have been borrowing more and more to drill in America’s oil fields, a trend occurring long before the dramatic slide in oil prices of the last six months.
Inside Energy (https://insideenergy.org/tag/oil-and-gas-financing/)
Companies have been borrowing more and more to drill in America’s oil fields, a trend occurring long before the dramatic slide in oil prices of the last six months.
New York Times | The slide in oil prices may ultimately impact the financial health of U.S. banks.
Inside Energy Reporters Dan Boyce and Jordan Wirfs-Brock appeared on the Rocky Mountain PBS program “Colorado State of Mind” to discuss their analysis of Dan’s Roth IRA as a microcosm of Americans’ retirement investments in the oil and gas industry.
Oil prices are slipping to levels not seen in years. It’s bad for oil companies, but it has to be good for consumers, right?
Well, yes, though, it’s more complicated than that. That’s because almost all of us with retirement accounts are invested in oil and gas companies.