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Message

re: Low Gas Prices, People don't understand the Problems

Posted on 1/5/15 at 12:14 pm to
Posted by Riseupfromtherubble
You'll Never Walk Alone
Member since Jun 2011
38402 posts
Posted on 1/5/15 at 12:14 pm to
Those poor oil field honeys will have to start spending pogie plant money.
Posted by Croacka
Denham Springs
Member since Dec 2008
61442 posts
Posted on 1/5/15 at 12:14 pm to
I don't bitch about high gas prices because they do have an effect on my job, but at the same time I understand that the low prices benefit a lot more people
Posted by Tigerdew
The Garden District of Da' Parish
Member since Dec 2003
13594 posts
Posted on 1/5/15 at 12:14 pm to
quote:

they've raped us for a decade now...


You know the people this affects aren't really the ones that have been "raping" you, right?
Posted by Road Tiger
SW Landmass
Member since Oct 2014
834 posts
Posted on 1/5/15 at 12:15 pm to
quote:

they've raped us for a decade now...


Take that up with the execs at the top. The people that will get laid off as a consequence of the falling prices had nothing to do with the raping you speak of.
Posted by J Murdah
Member since Jun 2008
39815 posts
Posted on 1/5/15 at 12:15 pm to
Thats not my problem
Posted by Clint Torres
Member since Oct 2011
2664 posts
Posted on 1/5/15 at 12:16 pm to
quote:

Take that up with the execs at the top. The people that will get laid off as a consequence of the falling prices had nothing to do with the raping you speak of.


i have no issue with folks working for a living
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120030 posts
Posted on 1/5/15 at 12:16 pm to
The O&G industry makes a ton of money, some lower gas prices aren't keeping them from being filthy rich organizations.
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
151112 posts
Posted on 1/5/15 at 12:16 pm to


I guess the poor O&G industry will just have to make do with record breaking quarters for like 7 straight years.
Posted by LSUEEAlum
Member since Oct 2013
806 posts
Posted on 1/5/15 at 12:17 pm to

You know the people this affects aren't really the ones that have been "raping" you, right?
[/quote]

Lol. I love when people say that. Like everyone in the oil field industry is a millionaire. Morons.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71695 posts
Posted on 1/5/15 at 12:17 pm to
quote:

The people that will get laid off as a consequence of the falling prices had nothing to do with the raping you speak of.


No offense, but I doubt these companies are laying off the valuable people either. I didn't get a job and just sit there, I made myself a valuable employee.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9692 posts
Posted on 1/5/15 at 12:17 pm to
You're right. 90% of Americans don't care as long as they're paying less at the pump. And so be it. That's the way markets work.

The only reason this gets any play on this website at all is because so many are working in the O&G industry. I get it...I used to live and work in SE Oklahoma and North Texas for about 2 years. Nothing but O&G.

Job markets and industries change. If people can't diversify and adapt, they will get left behind.
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 1/5/15 at 12:18 pm to
I wonder if these low costs of fuel are just temporary...by that I mean short term...like, within the year they'll be back over $3/gal.
Posted by Hardy_Har
MS
Member since Nov 2012
16285 posts
Posted on 1/5/15 at 12:19 pm to
Unemployment checks go further when energy costs are low.
Posted by JOHNN
Prairieville
Member since Nov 2008
4363 posts
Posted on 1/5/15 at 12:19 pm to
quote:

I don't bitch about high gas prices because they do have an effect on my job, but at the same time I understand that the low prices benefit a lot more people


I totally agree. Im not "in the oil industry" but in my line of work, Id love to see oil stay around 90-100/ barrel. The products we produce all depend on what oil is trading at.
Posted by Tigerdew
The Garden District of Da' Parish
Member since Dec 2003
13594 posts
Posted on 1/5/15 at 12:20 pm to
quote:

Lol. I love when people say that. Like everyone in the oil field industry is a millionaire. Morons.


I'm way down in the supply line of O&G and this will only somewhat affect us. It's the smaller start up type companies that will suffer. The Shells, BPs and Chevrons of the world will be fine.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425838 posts
Posted on 1/5/15 at 12:21 pm to
quote:

Americans getting cheaper gas is wayyyy more important than a couple disposable oilfield jobs

well locally it hurts, so of course it's silly for locals to be cheering the prices

but nationally, we cannot let this hurt our path to world domination in petro exports or we're going to face a much more difficult path when the prices come back into the range where it's economically feasible
Posted by Tigerdew
The Garden District of Da' Parish
Member since Dec 2003
13594 posts
Posted on 1/5/15 at 12:21 pm to
quote:

I wonder if these low costs of fuel are just temporary...by that I mean short term...like, within the year they'll be back over $3/gal.



We'll probably be back there by the summer.
Posted by Clint Torres
Member since Oct 2011
2664 posts
Posted on 1/5/15 at 12:21 pm to
quote:

I'm way down in the supply line of O&G and this will only somewhat affect us. It's the smaller start up type companies that will suffer. The Shells, BPs and Chevrons of the world will be fine.


It's a massive net positive for the american economy..
Posted by Croacka
Denham Springs
Member since Dec 2008
61442 posts
Posted on 1/5/15 at 12:22 pm to
quote:

Posted by The Sad Banana I wonder if these low costs of fuel are just temporary...by that I mean short term...like, within the year they'll be back over $3/gal.



It takes a lot less to make the price go back up than it did to bring it down


I don't think it will be anything extremely soon but don't bank on these prices staying there for too long
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92877 posts
Posted on 1/5/15 at 12:22 pm to
quote:

Agreed. A handful of people losing their jobs has much less impact on the economy than lower gas prices throughout the entire country.



The stock market has been taking a nose dive today because of the low oil prices so it affects more than a handful of people
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