RE:Seeking alpha articleDear Anschutz, Or anyone else on this board, If the cost of oil averages $49.64 during the quarter and the realized price after hedging is $60.21 as indicated in the seeking alpha article, then each barrell of oil makes $10.85, even taking hedging into account That is great. Now how do you reconcile this respectable profit with the 400 million in hedging loss during 6 months, hedges you all say protect price and would have been beneficial seemingly when price goes downwards only . Should that loss not be in the net price after hedging? Why is that loss in a separate bucket when it is stated that the realized price takes into account the hedging? I am honestly asking you to explain why there are hedging losses to be calculated and put in the financial statement when they state at the same time that after hedging oil is still sold at $60.21 which is profitable. I hope you know.