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  • SemGroup's Fall and the Impact on Oil [View article]
    this is the 1st article to tell it as it was.the almighty wall st. is the sole reason that the price of oil has been going thru the roof the past year.wall st. is so powerful, that they are the ones that make the world go round.they made the whole world suffer with these high energy prices for their own greed.people have died accross the world due to not being able to buy oil to heat their homes.wall st. accomplished what they sey out to do.this powerful man from tulsa oklahoma thought he could "out bet" the big boys.this man who did wonderful things for the city of tulsa (donating 10's of millions to make the city a better place to live), has lost everything.a few months ago this man was a billionaire, now he has nothing.he kept beating that oil was going to go lower & then started playing with options.as long as oil kept going higher, he was losing more & more money until he finally popped.now two hedge funds took over his company valued @ 2.4 billion dollars and some other invested group took his other assests worth a little more than another billion.the whole world suffered due to the greed of these devils.the man should of realized that wall st. never losses, that they have more billions than he "did".it's no coincidence that he had to file for bankruptcy on july 17th and oil started taking on july 14th (the "big boys" new he was filing).sine July 14th, oil has tanked 24 %.THE "BIG BOYS" WOULD OF RAN OIL TO $200 A BARREL UNTIL THESE POOR MAN WAS BUSTED. Too bad this man didn't take his losses & leave the table.THE WALL ST. BOYS ALWAYS WIN.You don't hear CNBC OR BLOOMBERG bring up this story. they come up with 20 other reasons why oil is now coming down.it's sick listening to their B.S. reasons, when they know exaclty what has caused oils decline.even the wall st. journal put this story in yesterday's edition on the very last page of one of their sections in the right hand corner @ the very bottom of the page (so it can be hidden ?).This industry is gutless & cold hearted & one day will have to answer for their actions !!!!!!!!
    Jul 31 18:21 pm |Rating: 0 0 |Link to Comment
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