RE:RE:RE:Projected 2021 Numbersmy two cents.....if we see $60 it does not mean they can automatically hedge at that price. you need another party at the table for that, and like all transactions, both sides need some skin in the game. We may need to see prolonged prices. Remember the days when oil would have to stay above a certain price before the stocks moved adn usually played catch up....lol
doesnt mean they arent hedging in the 50's now....werent they in the high 40's but a few month/quarter back....