To: lafroste
OIl companies that didn’t plan for the possibility of such a downturn and banks that loaned those companies money should pay the price for their foolish decisions. During feasts you prepare for famines. I write this as someone who has invested in oil companies. They should have prepared for something like this. It doesn’t take a genius to know the Saudis weren’t going to stand by and do nothing while the oil shale industry made America an energy exporter.
25 posted on
01/20/2016 4:52:44 AM PST by
CitizenUSA
(Proverbs 14:34 Righteousness exalts a nation, but sin is a disgrace to any people.)
To: CitizenUSA
Of course, you are right, they should have done that, and I should have listened to my dad and gone into computer science instead of chem eng. The point is that they didn't, and they didn't in such a spectacularly foolish way that it has endangered all of us. That's all I meant to say.
68 posted on
01/20/2016 8:34:19 AM PST by
lafroste
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