
Originally Posted by
MumblesBadly
Investors are concerned that ETE's merger with Williams Co is now a bad deal that will hobble the company due to the $6b in debt needed to complete the merger. $34/barrel isn't going to be enough to reboot the domestic energy industry.
http://www.thestreet.com/story/13438..._ven=BLOOMBERG
Nice google job. You do understand ETE is king of natural gas after this deal, correct? Of course you don't because you read one little article on a company you've never heard of before and decided to post like you know what the fuck is going on. They will be the leader of natural gas exports for the US and it isn't close. Do you have any idea what they pay for natural gas where the cocks are uncut and smelly compared to what we pay here? Of course you don't. Do some more research next time you're at a rest stop and then come back and report.
THIS TRADE WILL TAKE A COUPLE YEARS TO PLAY OUT.
Thank you