Post by
andy604 on Jul 05, 2022 8:41pm
wondering
If Jeff just hedged a bit of BIR when it was $9-10, its possible.
Comment by
barneyj44 on Jul 05, 2022 11:07pm
You could probably hedge some production at $9 or $10 in Europe but wouldn't think there would be many takers in North America.
Comment by
Burgersandfries on Jul 06, 2022 2:03am
Bir doesn't selll gas in Europe so I'm not sure how you would do that?
Comment by
barneyj44 on Jul 06, 2022 8:36am
Yes I know they don't sell gas in Europe, was using it as an example.
Comment by
Burgersandfries on Jul 06, 2022 9:31am
Oh ok I was wondering seemed odd...I think gas is around 30 bucks in Europe would be interesting to know what a producer over there can hedge at
Comment by
Burgersandfries on Jul 06, 2022 1:59am
Not a chance! He hates hedging says over and over he won't do it! Too bad... but I doubt there would have been many that would have taken those hedges at 9 bucks.