ΣΧΟΛΙΟ ΙΣΤΟΛΟΓΙΟΥ : Για να δείτε πως παίζεται το παιχνίδι...όλοι οι ανεξάρτητοι παραγωγοί του Τέξας, κυρίως στην Περμία Λεκάνη και στα Αππαλάχια, έχουν πάρει δάνεια από την FED, αλλά και από τις μικρές ανεξάρτητες πολιτειακές τράπεζες, τις οποίες θα παρασύρουν στην χρεωκοπία, αν καταλήξουν να φαλίρουν. Πράγμα που σημαίνει, ότι η συγκέντρωση στην βιομηχανία των εξορύξεων, θα οδηγήσει σε έναν ακόμα γύρο συγκέντρωσης και στον τραπεζικό τομέα, κοινώς θ΄ αγοράσουν τα πάντα οι Εβραίοι τραπεζίτες μπιρ παρά. Μέσα σε 30 χρόνια, από τα μέσα της δεκαετίας των '60ς μέχρι τα μέσα των '90ς έχουν κλείσει πάνω από 15 χιλ. τοπικές τράπεζες στις Η.Π.Α. Από τα μέσα των '80ς μέχρι τα μέσα των '90ς χρεωκόπησαν 1000 «thrifts» και με την κρίση που ξεκίνησε το 2007 έκλεισαν άλλες 400 πολιτειακές τράπεζες μέσα σε 4 χρόνια. Όλα αυτά σαν αποτέλεσμα της ευνοϊκής γι' αυτούς και καταστροφικής για τα μικρές ιδρύματα νομοθεσίας, που προωθούν οι μεγάλοι εβραϊκής ιδιοκτησίας τραπεζικοί κολοσσοί , δια των αχυρανθρώπων τους στο Κονγκρέσσο. Με την στάση αυτή χτυπάνε τις πετρελαικές εταιρείες του Τέξας , οι οποίες είναι αυτές που στηρίζουν οικονομικά τον Τράμπ. Οι περισσότερες από αυτές τις Τεξανικές εταιρίες έχουν πάρει χοντρά δάνεια από την FED....και αν συνεχίσει αυτή η κρίση στην αγορά ενέργειας παγκοσμίος, και με τις τιμές του πετρελαίου να είναι και τον Ιούνιο σε πολύ χαμηλές τιμές....τότε αυτές οι εταιρίες θα φαλιρίσουν και θα βαρέσουν κανόνι.!! Μιλάμε για χοντρή ζημιά...στην Πετρελαική αγορά των Η.Π.Α..με αποτέλεσμα να χάσει τις εκλογές ο Τράμπ .Όλα συνδέονται...κορονωιός....στάση της παγκόσμιας αγοράς....μη ζήτηση πετρελαϊκών αποθεμάτων....έλλειψη αποθηκευτικού χώρου...πτώση τιμών ...πτώχευση εταιριών.
WASHINGTON/NEW YORK (Reuters) - The U.S. energy industry has asked the
Federal Reserve to change the terms of a $600 billion lending facility
so that oil and gas companies can use the funds to repay their
ballooning debts, according to a letter seen by Reuters.
The effort comes at a time of intensifying pain for the sector as U.S. crude oil futures traded in negative territory on Monday for the first time in history on worries of massive oversupply. So far, the energy industry has largely missed out on federal support to businesses hurt by the novel coronavirus economic disruption, but it is hoping it can benefit from the Fed’s Main Street Lending Program due to launch in coming weeks.
The Fed has been deluged with roughly 2,000 letters seeking changes to the rules of the program, under which the Fed will purchase 95% of eligible bank loans to small- and medium-sized businesses.
The terms of that and other federal assistance schemes are under growing scrutiny amid worries that insufficient conditions are being placed on borrowers and banks may dish out funds to companies without the greatest need for the cash.
The Independent Petroleum Association of America (IPAA) asked the Fed to reconsider a provision that bars eligible borrowers from using the cash to repay other loan balances and requires borrowers to promise to repay the Fed before other debt of equal or lower priority, according to an April 15 letter seen by Reuters.
“Oil and natural gas producers are not looking for a government handout; they are seeking a bridge to help survive this economic disruption,” the IPAA, which represents thousands of independent oil and natural gas producers, wrote in the letter, which has not been previously reported.
Lee Fuller, executive vice president of IPAA, told Reuters the organization wanted to ensure that the oil and gas industry got fair access to the federal resources.
Tens of thousands of workers have been furloughed by American energy companies in recent weeks, including Halliburton Co, Schlumberger NV and Apache Corp, as producers have slashed spending.
Even before the oil price slump in early March, U.S. shale producers were under huge pressure from investors to reduce costs and bolster returns. With many carrying significant debt loads and earnings declining, shale producers have been preparing for possible Chapter 11 bankruptcy filings.
Whiting Petroleum Corp was the first casualty among publicly traded producers, filing for bankruptcy protection on April 1. Other companies have also hired restructuring advisers.
The industry has asked Congressional lawmakers to press the Fed to change the facility’s terms, according to one person with knowledge of the talks.
Several members of the House of Representatives, led by Guy Reschenthaler, raised the debt provision in a letter to the Fed sent last week and seen by Reuters. They also asked for the program’s maximum loan size of $25 million be raised so natural gas companies “can meet their obligations.”
Natural gas companies, especially those in the Appalachian region, have struggled for months as commodity prices were depressed by oversupply.
The Fed declined to comment. Reschenthaler did not respond to requests for comment.
ΠΗΓΗ
The effort comes at a time of intensifying pain for the sector as U.S. crude oil futures traded in negative territory on Monday for the first time in history on worries of massive oversupply. So far, the energy industry has largely missed out on federal support to businesses hurt by the novel coronavirus economic disruption, but it is hoping it can benefit from the Fed’s Main Street Lending Program due to launch in coming weeks.
The Fed has been deluged with roughly 2,000 letters seeking changes to the rules of the program, under which the Fed will purchase 95% of eligible bank loans to small- and medium-sized businesses.
The terms of that and other federal assistance schemes are under growing scrutiny amid worries that insufficient conditions are being placed on borrowers and banks may dish out funds to companies without the greatest need for the cash.
The Independent Petroleum Association of America (IPAA) asked the Fed to reconsider a provision that bars eligible borrowers from using the cash to repay other loan balances and requires borrowers to promise to repay the Fed before other debt of equal or lower priority, according to an April 15 letter seen by Reuters.
“Oil and natural gas producers are not looking for a government handout; they are seeking a bridge to help survive this economic disruption,” the IPAA, which represents thousands of independent oil and natural gas producers, wrote in the letter, which has not been previously reported.
Lee Fuller, executive vice president of IPAA, told Reuters the organization wanted to ensure that the oil and gas industry got fair access to the federal resources.
Tens of thousands of workers have been furloughed by American energy companies in recent weeks, including Halliburton Co, Schlumberger NV and Apache Corp, as producers have slashed spending.
Even before the oil price slump in early March, U.S. shale producers were under huge pressure from investors to reduce costs and bolster returns. With many carrying significant debt loads and earnings declining, shale producers have been preparing for possible Chapter 11 bankruptcy filings.
Whiting Petroleum Corp was the first casualty among publicly traded producers, filing for bankruptcy protection on April 1. Other companies have also hired restructuring advisers.
The industry has asked Congressional lawmakers to press the Fed to change the facility’s terms, according to one person with knowledge of the talks.
Several members of the House of Representatives, led by Guy Reschenthaler, raised the debt provision in a letter to the Fed sent last week and seen by Reuters. They also asked for the program’s maximum loan size of $25 million be raised so natural gas companies “can meet their obligations.”
Natural gas companies, especially those in the Appalachian region, have struggled for months as commodity prices were depressed by oversupply.
The Fed declined to comment. Reschenthaler did not respond to requests for comment.
ΠΗΓΗ
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