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re: Crude below $50

Posted on 1/5/15 at 4:30 pm to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167705 posts
Posted on 1/5/15 at 4:30 pm to
I just want to point out that when I started talking about this happening back in October I was called out by several people but this was by far the best.

quote:

Drop in gas prices has nothing to do with oil field jobs, they do not quit drilling based on gas prices. Prices are low because there are alot of oil and gas jobs


Jack Daniel



Sadly he went on to say he also works in the O&G industry and knows more than me.



ETA: Another time people here laughed when I said this would/could happen

LINK
This post was edited on 1/5/15 at 4:33 pm
Posted by Tiger Ryno
#WoF
Member since Feb 2007
103260 posts
Posted on 1/5/15 at 4:35 pm to
I really believe this could be a significant downturn for the next 2 years and I'm really glad I've been saving because a rainy day could be upon us.
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