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The Water Cooler
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Low wind puts Texans on high alert to conserve power
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<blockquote data-quote="SlugSlinger" data-source="post: 3262314" data-attributes="member: 7248"><p>What oil company with record margins might you be referring to? From what I’ve seen, the energy companies are at record lows as compared to others in the S&P index. Investment in energy companies are at record lows, even lower than through the dot com debacle in the 1990s. That in itself equals a credit shortage. Institutional investors are not buying energy companies. That will be very detrimental to consumer energy prices in the next few years. Better enjoy current prices while you can.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3262314, member: 7248"] What oil company with record margins might you be referring to? From what I’ve seen, the energy companies are at record lows as compared to others in the S&P index. Investment in energy companies are at record lows, even lower than through the dot com debacle in the 1990s. That in itself equals a credit shortage. Institutional investors are not buying energy companies. That will be very detrimental to consumer energy prices in the next few years. Better enjoy current prices while you can. [/QUOTE]
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Low wind puts Texans on high alert to conserve power
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