$2 Trillion High-yield Debt Market On The Verge Of Default, Goldman Sachs Says 1 Trillion In Investments Just Went Poof Due To The Collapse Of Oil, Debt Defaults Have Already Begun To Hit In The North American Shale Oil/gas Industry!
Investmentwatchblog.com
December 18th, 2014
AND their analysis didn’t even touch on Shale Oil Projects in the U.S.A. (Because they have too much invested in that).
Enjoy your $2.00 gas while it lasts…
In a stunning analysis this week, Goldman Sachs found almost $1 trillion in investments in future oil projects at risk. They looked at 400 of the world’s largest new oil and gas fields — excluding U.S. shale — and found projects representing $930 billion of future investment that are no longer profitable with Brent crude at $70…
http://finance.yahoo.com/news/bankers-see-1-trillion-investments-055236943.html
Canada Gas Project Delay Highlights Oil Plunge’s Wider Risk
http://www.bloomberg.com/news/2014-12-04/delay-at-canada-gas-project-highlights-wider-risk-in-oil-plunge.html
Bankers See $1 Trillion of Investments Stranded in the Oil Fields
The Rest…HERE