046: Deciding Not To Clone Seth Klarman On Intel
After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments
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The Price of Oil Is at 80 Dollars
Banks lowered the amount of barrels per day that we produce that we have to hedge in two thousand 22 a, from four thousand dollars a barrel a day to 31 hundred barrels a day. And they reaffirmed what they are currently allowing us to go up to in terms of borrowing. So this leaves some room for a more unhedged production in two Thousand 22. In two thousand 22, hopefully there's higher prices of oil a, or at least higher than we have hedged in. But the price of oil a year from now could be a lot different than it is now. Could be a lot better.
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