Re:Stocks Halt; Oil and Bonds Drop in Sync
by blaser-waffle on Wednesday March 18, 2020 @03:36PM
(#22620385)
Foreign firms can operate oil companies in the US.
The new owners may be Saudi...
The new owners may be Saudi...
That's simply impossible. Best they can do, is bankrupt the current owners of fracking oil wells. But the equipment and sites / wells remain, and will be taken over by new owners, which will remain pumping oil as soon as price reaches sufficient levels (or until the US needs it for "national security").