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Fast forward to December 2022. The price of oil has decreased to $30 per barrel and natural gas to $2.00 per mmbtu.There are five segments:
- Fast forward to December 2022. The price of oil has decreased to $30 per barrel and natural gas to $2.00 per mmbtu.There are five segments: Oilfield service, exploration and production, midstream, refining and power generation. How will each of these segments respond and why? Which segments respond the quickest and which segments respond the least. In terms of publicly traded companies, how will each segments share prices respond? Which the most, which the least and why?
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