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Started By
Message
re: PRINCE ALWALEED: Oil Is Never Going Back To $100
Posted on 1/12/15 at 7:54 pm to yellowfin
Posted on 1/12/15 at 7:54 pm to yellowfin
The only difference I've noticed is that the pump doesn't shut down at $100 anymore when I fill up my King Ranch. However it still cost me $75. So I'm saving $25 each time I fill up. I hardly notice.
2
Posted on 1/12/15 at 7:55 pm to yellowfin
quote:Scruffy drives a Honda Civic.
I can probably get you on when the price of oil goes back up
Is he disqualified right off the bat?
Posted on 1/12/15 at 7:55 pm to RedRifle
Bunch of pansy arse liberals in here hating on oil and gas. Just know that when I get laid off, you frickers will be paying welfare for my family.
Posted on 1/12/15 at 7:56 pm to Scruffy
Find a place to hang some truck nuts on it and you should be a shoe in
Posted on 1/12/15 at 7:57 pm to malvin
quote:
Where did I say this? Market price is market price. But today was one of the hardest things I've had to do in management. And it would have been equally as difficult no matter what field I was in. I understand people get laid off every day but it sucks.
And yes, our wages were inflated because of the price of oil. We were brought down to earth today though. I don't believe I even complained about the cut that I took but I still have people giving me shite
How many of those laid off were educated, or even skilled laborers?
Posted on 1/12/15 at 7:58 pm to lsunurse
LINK
That's just one example of how the industrial sector is going to be adversely impacted.
The jury is obviously still out on whether or not this is good or bad the economy since the shale boom has been so important in the recovery. Oil is expected to be depressed for a while, so we'll see what happens... hopefully it's a net positive.
That's just one example of how the industrial sector is going to be adversely impacted.
The jury is obviously still out on whether or not this is good or bad the economy since the shale boom has been so important in the recovery. Oil is expected to be depressed for a while, so we'll see what happens... hopefully it's a net positive.
Posted on 1/12/15 at 7:59 pm to mattz1122
quote:
Bunch of pansy arse liberals in here hating on oil and gas. Just know that when I get laid off, you frickers will be paying welfare for my family.
It's going to be fricking amazing when all these white trash vocal republicans start getting on welfare
Posted on 1/12/15 at 7:59 pm to tgrbaitn08
Yeah I hate when they are set to cut off at $100 and you have to start over
If it makes these hippies feel any better I still pay $3 for diesel
If it makes these hippies feel any better I still pay $3 for diesel
Posted on 1/12/15 at 7:59 pm to lsunurse
Any banks that gave out money to oil companies with the expectation of oil at $80+ a barrel. When they start defaulting, other people will feel it.
I'll be the first to admit that costs in the oilfield can be cut. And personnel and salaries are at the forefront of that. But I don't for a second believe that this will last forever or even more than a year or so. We obviously were willing to pay $3.00+ a gallon for gas a few months ago, so the demand is there. This is purely to limit the competition. Once they are out of the picture, the price will be back. If the demand is there, why wouldn't a company take advantage of that???
I'll be the first to admit that costs in the oilfield can be cut. And personnel and salaries are at the forefront of that. But I don't for a second believe that this will last forever or even more than a year or so. We obviously were willing to pay $3.00+ a gallon for gas a few months ago, so the demand is there. This is purely to limit the competition. Once they are out of the picture, the price will be back. If the demand is there, why wouldn't a company take advantage of that???
Posted on 1/12/15 at 7:59 pm to Scruffy
quote:
Scruffy drives a Honda Civic.
Did you use to like Elaine?
Posted on 1/12/15 at 8:00 pm to Scruffy
quote:
Tough times ahead. Can you imagine how uncomfortable it must be to have to drive something not a King Ranch?
Scruffy can't. The horror!
Scruff, not to call you out because I agree with you to an extent but aren't you in med school?
Are you willing to see prices lowered across the board for medical care which would also reduce your salary because many Americans feel medical costs are too high?
Posted on 1/12/15 at 8:00 pm to Ken M
quote:
Ken M
100-1 odds you completely fail at this alter
This post was edited on 1/12/15 at 8:05 pm
Posted on 1/12/15 at 8:02 pm to iAmBatman
quote:
People get laid off everyday. Should have picked a more stable career field.
You're nuts, retarded, a troll, or all three.
Posted on 1/12/15 at 8:02 pm to malvin
Any oil execs? If not, y'all should be looking at them. They won't take any paycut and 10% of their salary could have paid for all of those workers
Posted on 1/12/15 at 8:03 pm to Tino
quote:
100-1 odds you complete fail at this alter
1000-1
No way oil stays this low into the summer.
Posted on 1/12/15 at 8:05 pm to Upperdecker
There it is 
Posted on 1/12/15 at 8:05 pm to stout
quote:Sure. If they aren't willing to pay the prices, Scruffy will adapt.
Are you willing to see prices lowered across the board for medical care which would also reduce your salary because many Americans feel medical costs are too high?
He already is planning on entering one of the lower paying specialties anyway.
Here is one of Scruffy's truths to live by:
Work hard and enter a field that people will always need.
Posted on 1/12/15 at 8:05 pm to Lou Pai
I find it very funny when people bitch about gas prices. If you own and drive a vehicle, you need gas, period. You can control what type of vehicle you drive. You can pass on other choice items such as cigarettes, eating out etc. make these choices, but stop bitching about the cost of fuel.
Posted on 1/12/15 at 8:05 pm to KG6
quote:
. If the demand is there, why wouldn't a company take advantage of that???
That's the problem. The demand isn't there. Plenty of supply, not enough demand.
Posted on 1/12/15 at 8:08 pm to stout
There isn't a single industry that exists under perfectly competitive market conditions.
"Why should I have to for one cent above marginal costs for any good so industry X, Y, or Z can make a profit?" is the argument many are presenting
"Why should I have to for one cent above marginal costs for any good so industry X, Y, or Z can make a profit?" is the argument many are presenting
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