Quote:
Originally Posted by Rudeboyelvis
Exactly this. Big Oil is scooping up the smaller operations left and right as they shutter due to the inability to stay afloat due to the depressed prices they are getting for their oil. The deeper pockets are taking a small hit in comparison, but will benefit exponentially once the pendulum swings back the other way.
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I think you're right, but how is this different from the consolidation and "merger mania" seen in other industries from time to time?
01-12-2016, 11:59 AM
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