Motley Fool – Gas prices are below $2 per gallon in much of the country, and according to the U.S. Energy Information Administration, the average consumer could save more than $550 on gasoline alone next year. For most of America, low gas prices are a reprieve and like a mini-raise as we start 2015.
But not everyone loves the decline in gasoline prices. In 2014, hedge funds bet billions on oil & gas stocks, and the drop in energy has left them with losses measured in the billions. Here are a few of the bets that went wrong by some of the biggest names in finance.
