So Farewell
Then
SemGroup,
LP.
Latest
(and largest)
non-consumer
casualty
of energy
price
vol.
You were
stealthily
in the Midstream
before being
ummm
errr
"victimized"?!?!
Dr Hyperbole
tells us:
"Hedging should
reduce
risk"
No?
Shucks! (*)
you must've
missed the
fine print detailing
the perils of
"variation margin".
(*) - red state vernacular for "FUBAR"
With apologies to Private Eye & EJ Thribb (aged 8-1/2)
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2 comments:
Too Funny!! :-)
As a resident of the red state in which the recently, dearly departed Sem Group made its home - the toast of Tulsa society - your verse is sublime.
I'm not a native, mind you, but I am reliably informed that "shucks" is merely SNAFU, while "dad gummit" is more typically recommended for FUBAR.
Regards,
The Anecdotal Economist
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