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发表于 2025-4-5 23:49
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luzx Landrum Announ
Lcpn Donations in the carpet bag
Wells Fargo has reassembled a team of bankers to handle defaulting oil and gas companies, Reuters reports, citing unnamed sources in the know. The credit resolution group, as the team is called, has worked before with bankruptcy speci adidas originals ultraboost alists in oil ad gas, the sources added.Warnings about a rise in bankruptcies have been coming in from energy experts for months, intensifying in recent weeks after West Texas Intermediate and other U.S. oil futures slipped into negative territory on April 20. Two companies have so far filed for bankruptcy protection since the start of the oil price slide in March: Whiting Petroleum and Diamond Offshore Drilling.More are on the way as U.S. explorat af1 ion and production companies struggle with the unprecedented combination of slumping demand and excessive supply while labouring under often heavy debt loads. These companies were in trouble before COVID-19 happened, Fitch Ratings senior director John Kempf told CNN. After 2015 and 2016, they never really got their balance sheets back together. When stress came, they weren t prepared for it. The ratings agency has warned that high-yield bond and leveraged loan defaults from the oil patch this year could reach $43 billion. Last month, Rystad Energy said that as nike air max many as 533 U.S. oil companies were at risk of going under.Chesapeake Energy is among the top risks, CNNrsquo Matt Egan wrote, citing a Reuters report that said the company was preparing to file for bankruptcy protection. California Resources Lbhr McIntosh Settled 8211; Dickie still in jail
As gasoline prices continue to rise, Mississippi Democratic Party Chairman Jamie Franks called on interim U.S. Sen. Roger Wicker to return the $263,000 he has received from Big Oil. [Center for Responsive Politics] Roger Wicker has a record of doing favors for his campaign donors, Franks said today. Even while Mississippians struggle to pay at the pump, Wicker continues to protect the oil companies and their obscene profits. Wickers Pay-to-Play policies in the Senate have been well documented and its time for them to end. Wicker has protected Big hoka winterschuhe Oils tax giveaways and now during this crisis he is silent on an energy plan that includes standing up to the oil industry. Its time Roger Wicker returns the $263,000 he has received from the oil and gas industries. Wi owala water bottle cker has voted against bills to eliminate taxes and royalties for energy companies that would generate funding to promote energy efficiency measures and energy alternatives. He has voted to block windfall profit taxes and protect tax breaks for Big Oil companies. [Vote 40, 1/18/07; Gannett News Service, 1/22/07; Vote 109, 4/27/06; USA Today, 4/27/06; Vote 146, 6/10/08] MS Democratic Party7/15/8 Share mizuno About the Author s |
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