Terry Pegula – business genius

[Nick the Greek]

Pegula cashed out of shale lands in Ohio and W. Virginia for $1.75 billion to finance the purchase of the Bills. We all know that.

 

However, this move is starting to look more and more brilliant by the day. Look at gas prices. They are PLUMMITING.

And OPEC has said they are not going to cut production of oil, as to take on the hydro-frackers in the USA as fracking is an expensive way to produce oil. The drop in prices will hurt them big time.

 

It’s safe to say that the value of that land he sold is dropping like a rock. He couldn’t have timed it any better. This is good karma for Terry for saving the Bills.

 

http://www.bloomberg.com/news/2014-11-27/opec-policy-ensures-u-s-shale-crash-russian-oil-tycoon-says.html

[GaryPinC]

Pegula cashed out of shale lands in Ohio and W. Virginia for $1.75 billion to finance the purchase of the Bills. We all know that.

 

However, this move is starting to look more and more brilliant by the day. Look at gas prices. They are PLUMMITING.

And OPEC has said they are not going to cut production of oil, as to take on the hydro-frackers in the USA as fracking is an expensive way to produce oil. The drop in prices will hurt them big time.

 

It’s safe to say that the value of that land he sold is dropping like a rock. He couldn’t have timed it any better. This is good karma for Terry for saving the Bills.

 

http://www.bloomberg...ycoon-says.html

 

Probably a good time for him to buy some more fracking land...

[Nick the Greek]

Probably a good time for him to buy some more fracking land...

Buy low.. you know gas cant stay low forever right?