|
Of course oil companies 'show a loss', but it's not a real loss. It's not like any oil companies or oil countries are posting negative income.
When you made, lets say 100 billion last year, and this year you only make 50 billion, it's not loss of 50 billion dollars. It's not a loss at all, first the price of was oil was fake inflated at least double. So they would have to double oil sales to make up for it, and that will never happen.
This is what happens when the markets reset... it will happen to almost every industry in the world. It's not a bad thing, it's a needed thing.
|