RE:I could see red at this pace...Getting ridiculous is certainly an understatement.. funny thing is with 50% of their production hedged these higher prices aren't really doing anything for the balance sheet, as anything sold over the hedge price is a zero sum gain.. but of course the market just sells everything industry related as the price of crude wobbles.. crazy times..!
mbuch wrote: Oil still over $100 and I could be going red on CPG soon.
This is getting ridiculous. Don't know whether to buy more or dump it all with some sort of gain.