william the wie
Gold Member
- Nov 18, 2009
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Been seeing a lot of columns on probable write downs of investment in high energy hedges. How scary are the hard numbers that are available vs. projections and SWAGs?
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China has built trillions of dollars worth of infrastructure in Africa and Central Asia in order to get oil at a discount. What happens when that discount starts eating into Marginal Cost?How are you defining the term 'high energy hedge'? Could be a lot of stuff.