Crude, from anonymous

2017-06-28 · Alston Mabry, anonymous
Original source

There are almost as many negative headlines about crude coming across my feeds as there are about the prez.

Alston Mabry writes:

I was just looking at some of the oil service companies and how their total equity+debt is less than the property, plant & equipment line on their balance sheets. That could well be a realistic assessment if oil is dead. But it's awfully tempting.