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re: Oil suffers record plunge below $11 amid historic glut
Posted on 4/20/20 at 2:55 pm to AllDayEveryDay
Posted on 4/20/20 at 2:55 pm to AllDayEveryDay
quote:
On the bright side natural gas is up 19 cents today. That helps out all you midstream baws.
It's been a bleak year that just keeps coming with more punches. Just had a PM call me and tell me not to bother coming out next week
Posted on 4/20/20 at 2:58 pm to PipelineBaw
I just got laid off. This is horrible and there will be many more layoffs coming.
Some of the small E&Ps I covered were told by the refineries that they are not taking any more oil. This was last week. A lot of the west Texas and south Texas guys are shutting down wells.
Some of the small E&Ps I covered were told by the refineries that they are not taking any more oil. This was last week. A lot of the west Texas and south Texas guys are shutting down wells.
This post was edited on 4/20/20 at 3:00 pm
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