08-30-2016, 07:13 AM
'Putncalls' pid='76067' datel Wrote:I think Gator might want to consider the context of rising energy prices and the overblown response to the fracking glut along with the transportation costs to Asia.
Puts, you are correct. These issues significantly limit XOM's choices. We have what XOM want, their opening bid was as it true in all negotiations, a simple probe that is used to start testing the negotiation parameters. I am certain that XOM were shocked when their probe was accepted and the agreement signed.

