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Started By
Message
re: Low Gas Prices, People don't understand the Problems
Posted on 1/5/15 at 7:24 pm to Hawkeye95
Posted on 1/5/15 at 7:24 pm to Hawkeye95
quote:
And oil and gas workers are horrible to interact with, not as bad as teachers or nurses but frick they are annoying. At least my friends that work in the industry - "we aren't bad for the environment" yeah, bitch you are.
If you feel that way then you and every energy consuming being on earth are bad for the environment.
And what is the "environment"? I would say that the development of oil and gas as an energy source has improved the "environment" for humans. It's environmental cost is the same cost as any human development. It's just the particular development that has been demonized despite the quality of life benefits for all mankind and, in this country, the tremendous individual wealth it has created. Bitch.
This post was edited on 1/5/15 at 7:25 pm
0
Posted on 1/5/15 at 7:26 pm to magildachunks
quote:
Good enough for the company to justify the pay?
That plays a major factor into the decision. Could they get someone to do what you do for cheaper?
I make those decisions
Posted on 1/5/15 at 7:31 pm to magildachunks
This thread is a cauldron of ignorance and misinformation.
Posted on 1/5/15 at 7:32 pm to yellowfin
(no message)
This post was edited on 1/6/15 at 4:51 am
Posted on 1/5/15 at 7:50 pm to Prominentwon
quote:
Do you know what those blue and gray triangles are?
AIS info from vessels. The left i'm guessing is Fourchon with all the service vessels tied up. The right is not as good of a representation except for maybe Venice as is shows many inland vessels and ships in the river that are not idle.
Posted on 1/5/15 at 7:51 pm to yellowfin
Nm
This post was edited on 1/5/15 at 7:59 pm
Posted on 1/5/15 at 7:55 pm to NikolaiJakov
quote:Ever think about "the common good"?
This is just like everything else in this country..."how does it affect me?"
Posted on 1/5/15 at 7:58 pm to achenator
Very good.
Notice not much action offshore.
Notice not much action offshore.
Posted on 1/5/15 at 8:16 pm to PepaSpray
quote:
The profit margin these guys take...it's grossly overvalued considering their function.
O&G profit margins are on the lower end of most industries actually (banks and medical field rape you but where are those complaints?). People see the high profits reported by major O&G companies and think they are getting raped but don't realize its the most expensive industry and one of the riskiest on the planet. And those profits are directly invested in brining more energy to the consumer. O&G companies quite often drill wells that cost over $100 million that are dry holes or deemed uneconomic. Or invest in projects that are multi-billion dollar ventures that can either be complete successes or horrible failures. Its a very high cost-high reward business that each and every one of you in this thread rely on in your daily life.
But never mind the facts, lets carry on with the borophyll (and misinformation)
Posted on 1/5/15 at 8:19 pm to lsugradman
quote:
(banks and medical field rape you but where are those complaints?)
you kidding me?
Posted on 1/5/15 at 8:22 pm to lsugradman
I bitch all the time cause a gallon of milk costs more than a gallon of gas but nobody listens to me
Posted on 1/5/15 at 8:23 pm to lsugradman
quote:
(banks and medical field rape you but where are those complaints?)
This invalidates any other point you were trying to make
Posted on 1/5/15 at 8:27 pm to tgrbaitn08
I thought offshore was picking up.
Posted on 1/5/15 at 8:28 pm to UFownstSECsince1950
quote:
Americans getting cheaper gas is wayyyy more important than a couple disposable oilfield jobs
Someone doesn't understand economics.
Posted on 1/5/15 at 8:30 pm to Double Oh
Not now.
Natural gas can hold steady hopefully. Hope it gets colder
Natural gas can hold steady hopefully. Hope it gets colder
Posted on 1/5/15 at 8:34 pm to stout
quote:
This invalidates any other point you were trying to make
How does a true statement invalidate other absolutely 100% factual statements?
Posted on 1/5/15 at 8:36 pm to Ponchy Tiger
So economically speaking, it's better for this country if gas prices stay high?
Posted on 1/5/15 at 8:37 pm to lsugradman
quote:
a true statement
People bitch about banks and medical cost all the time. Not sure what planet you live on.
Posted on 1/5/15 at 8:37 pm to America
quote:
In a recent interview with FuW, DoubleLine's Jeff Gundlach explained his concerns about the oil market not being "unequivocally good" for everyone... Question: The crash in the oil market is already causing jitters in the financial markets around the globe. What is your take on that? Gundlach: Oil is incredibly important right now. If oil falls to around $40 a barrel then I think the yield on ten year treasury note is going to 1%. I hope it does not go to $40 because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be – to put it bluntly – terrifying.
LINK
Posted on 1/5/15 at 8:39 pm to stout
The energy industry has generally been in the 8-10% range in profit margins. Banking/financials are generally 15-20% margins.
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