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Started By
Message
re: Crude below $50
Posted on 1/5/15 at 2:35 pm to The Third Leg
Posted on 1/5/15 at 2:35 pm to The Third Leg
quote:Get him here. I need to speak to him. That is the greatest gif ever
The boat driver in that gif is a poster on the Iowa Rivals site
0
Posted on 1/5/15 at 2:36 pm to CarRamrod
quote:
definitely not services that will keep the EPA off their asses.
the EPA are pushovers
Posted on 1/5/15 at 2:36 pm to The Third Leg
quote:is he a Basketball mascot on his free time by any chance?
The boat driver in that gif is a poster on the Iowa Rivals site
This post was edited on 1/5/15 at 2:37 pm
Posted on 1/5/15 at 2:36 pm to anc
Funny how some DOTD personal said their coffers are going up from the gas tax since oil prices are down.
This post was edited on 1/5/15 at 2:39 pm
Posted on 1/5/15 at 2:37 pm to fightin tigers
Petrochem like DOW benefit from lower crude prices. Refiners like TSO do also. Airlines ie UAL benefit from lower fuel costs (offset some by ensuing ticket price wars). Lower oil prices make borderline profitable drilling areas like Tuscaloosa Marine Shale and Bakken unprofitable so those focusing on exploration in those regions will see stocks go down. Big loser; Russia.
Posted on 1/5/15 at 2:38 pm to Hog on the Hill
quote:
I went from environmental/cultural resource management to healthcare back in 2008/2009. Glad I did...
The wife and I are both in healthcare, not sweating it. Love this cheap gas, though
Posted on 1/5/15 at 2:40 pm to anc
Posted on 1/5/15 at 2:41 pm to Epic Cajun
quote:
Love this cheap gas, though
The extra $20 a week likely won't change much in my life.
Posted on 1/5/15 at 2:42 pm to anc
Someone will always complain. The same ones excited over the oil drop and telling O&G employees to shove it are likely the same ones who complained at $4 gas.
Posted on 1/5/15 at 2:42 pm to fightin tigers
quote:I'm saving about $15 each time I fill up. Still, $30-$45 a month isn't a ton, but it does kinda feel good nonetheless.
The extra $20 a week likely won't change much in my life.
Posted on 1/5/15 at 2:43 pm to fightin tigers
It's less than that for me, because I rarely tank up. But I like the feeling of filling my tank and only having to dish out $35.
Posted on 1/5/15 at 2:43 pm to anc
We'll cut some fat in the next month or so
Posted on 1/5/15 at 2:44 pm to Louie T
quote:
Someone will always complain. The same ones excited over the oil drop and telling O&G employees to shove it are likely the same ones who complained at $4 gas.
Well...yeah.
Posted on 1/5/15 at 2:45 pm to The Sad Banana
quote:
but it does kinda feel good nonetheless.
I guess that is when you know you have become an adult
Posted on 1/5/15 at 2:46 pm to Epic Cajun
quote:
Posted by Epic Cajun It's less than that for me, because I rarely tank up. But I like the feeling of filling my tank and only having to dish out $35.
Felt nice paying the same amount and getting double what I used to.
Full tank will last me about a month.
Posted on 1/5/15 at 2:47 pm to The Sad Banana
Yeah my company pays my fuel and my wife gets it free too so it doesn't affect me
Posted on 1/5/15 at 2:47 pm to magildachunks
quote:
more disposable income for people
This is good news for the USA and the world, in general.
Posted on 1/5/15 at 2:49 pm to Asgard Device
quote:
According to David Rosenberg at Gluskin-Sheff, for every penny that the price of gas falls, the savings per year to U.S. consumers is about $1.5 billion dollars. So the $1.06 drop we’ve seen over the past year will put over $150 billion into consumers’ pockets to be spent elsewhere.
LINK
Posted on 1/5/15 at 2:49 pm to yellowfin
If the price of Makers Mark was cut in half I would be rejoicing. Now THAT'S savings for me.
Posted on 1/5/15 at 2:50 pm to anc
It wasn't fun when the day before Christmas Eve we are talking about laying people off. Made a list ranking all employees to figure out which to lay off first.
Hopefully it doesn't come to that and all of our guys will stay employed. But we have already had to lower our prices which means everyone will likely be taking a pay cut. No one will be happy about that but wages were inflated the last couple of years with the boom. And it's better than the alternative.
Hopefully it doesn't come to that and all of our guys will stay employed. But we have already had to lower our prices which means everyone will likely be taking a pay cut. No one will be happy about that but wages were inflated the last couple of years with the boom. And it's better than the alternative.
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