New way to bet on oil wipes out billions
Master limited partnerships in drilling have cost investors $20 billion in the past year, $8 of every $10 invested, more from bonds
Associated Press Business Writer
When Karen Robinson’s husband died, she worried she wouldn’t have enough money to raise her two young girls and save for retirement.
Then she met a financial planner, Tom Parks, who told her about investment partnerships that would allow her to ride the boom in U.S. oil and gas production while rec....
[additional news subjects in this story]
A new way to play oil
Bells going off
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