@WSJ The story seems to present this as an implicit forecast of low prices into the future by these companies.
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@Orangeman1992@WSJ "The longer it takes for U.S. oil production to fall, the longer crude prices will languish." This is speculation. -
@AdamBScott1979@WSJ It has nothing to do with what companies think about future energy prices.
End of conversation
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@WSJ The CL and NG prices, together with SEC accounting rules, are what they are.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ But IIRC, there is no exercise of judgment as to future prices or asset values in these figures.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ i.e. you think the commodity prices will be low, so you take the impairment.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ woww.its amazingThanks. Twitter will use this to make your timeline better. UndoUndo
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