Why Big Oil Should Kill Itself
A big part of the problem is that GAAP allows the oil companies to capitalize their exploration activities. If capex were treated as opex, they would all be losing money.
Christopher T. Mahoney is a former Vice Chairman of Moody’s.
Aug 28, 2013 Christopher T. Mahoney
Aug 27, 2013 Christopher T. Mahoney
Aug 26, 2013 Christopher T. Mahoney
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Aug 25, 2013 Christopher T. Mahoney
From a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern.