GREY:MKRYF - Post by User
Comment by
Pacer64on Sep 03, 2017 2:44pm
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Post# 26652164
RE:RE:RE:Hedges? we don't need no stinking hedges
RE:RE:RE:Hedges? we don't need no stinking hedgesAssuming this is the question, my quick estimate was off substantially. Based on reported daily closes on the eia.gov site, the WTI Q2 average was $48.40 (my math, could be off a wee bit), and the Q3 WTI average to date is $47.42 ( again my math). This is ~$1.00 not even close to your earlier statement that the drop in price for this time frame is $7.00? I'm curious, really, I'm trying to understand. Throw me a bone buddy, really help a brother out ::)