The fall in world prices for "black gold", due to Russia's refusal of the proposed OPEC production cuts and demarche Saudi Arabia, It puts the "slate" of the company in the US to the brink “survival”.
Economic publication Financial Times raised the alarm immediately. Even yesterday, in its pages, it was suggested that, that the situation on the stock exchanges, which has placed shares of "shale" US "critically close to economic disaster" of oil companies. It's about drops to the level of pre-default bonds in the amount of approximately 110 billions of dollars, that is not less than 12% the number of all issued US oil and gas company's securities. Callon Petroleum и Oasis Petroleum, Continental Resources и Occidental Petroleum, Chesapeake Energy and Parsley - this is not a complete list of the enterprise sector, whose bonds have lost just one day to half or more of their own cost.
Estimated Financial Times, the volume of bad debts "slantsevikov" almost instantly increased to an alarming amount 175 billions of dollars and tends to increase. Scored a huge amount of loans to "slate" industry and so recently become a matter of deep disappointment for many investors, expect from it fast and stable profits. According to the US financial analysts the banking sector of the country are increasingly refusing oilman in new loans - especially after, as, According to available data, last year they were forced to write off at least a billion "non-performing" debt.
Even more categorical analysts by Bloomberg, calling what is happening "bloodbath", "Disaster" and "murder shale sector". According to their forecasts if the price per barrel of "black gold" will last below the bar in 30 dollars for any length of time, nothing will be paid by oil companies even rent areas, where they are prey, not to mention the dividends and other things. However, many experts, analyzing the situation, accused of finished just about the disaster itself "slantsevikov", limitlessly increase production and do not think about, what it might eventually lead.
For example, manager by assets Pickering Energy Partners said Dan Pickering, that the industry "itself in the leg" apprehended reducing OPEC to export dimensions as an incentive to pump from the depths of the earth more and more barrels. Now its members have every chance of being left with nothing. However, not only are they… It is not political, and economic analysts speculate today on the, Donald Trump, perhaps, I hurry thank Riyadh and Moscow for "cheap gasoline". Some of these forecasts, that if a barrel by the time the US presidential election is not higher than the current scramble 35 dollars, about any chances of winning in the oil producing regions of the country (in the same Texas) the current occupant of the White House could forget completely.
Well, perhaps the solution is not to reduce the level of production of "black gold" adopted by our country and have repeatedly criticized both inside, both within and outside Russia, It would not be so hasty, as it might seem at first glance.
Alexander Haraluzhny
