Dec 25, 2019
Today we focus on the natural gas bankruptcies we have been seeing due to excessive spending and debt waiting on a rebound in natural gas prices. That didn't happen... We see shell has just announced over 10 billion in write-downs due to overspending on assets during the shale energy bubble. My thoughts have been on is this the opportunity of a lifetime. See we rarely see a more unloved sector than energy right now and for the most part there may not be much farther to fall since Natural gas has given so much up already. Here is an in-depth analysis of the energy sector and the popping of the shale energy bubble.
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