Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:Saudis declare war

[mrbb]

my guess is saudi would have talked to trump about their plan against russia as oil price collapse also hurted US shaler.  

US frackers will frack until their hedges run out. The pension fund won't be fool this time to lend more money to frackers.  I think this time US frackers won't able to endure the price crash like the last price crash. 

oilandgasmick wrote: Its a partial bluff but no way does anybody force Putin to cave in before he's ready. His image as the Kremlin's strong man is the key to his hold on power.

If history is any guide (see Saudi Arabia versus Venezuela, 1998-2000) then the price war is around 2 years but I can't see it going that long this time.

American frackers will continue to pump every barrel they can in defiance of Opec+ so it will be very ugly in 2020.

I am hearing that people in Lloydminster are reeling over this thing. It is the biggest employer in the area and of course, people tend to invest in the companies that they work for. I don't doubt that many of them have lost a huge chunk of their life savings---very unfortunate and unfair--I hate how mega-losers come on this thread and laugh at hard working people's misfortune.