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re: Low Gas Prices, People don't understand the Problems
Posted on 1/5/15 at 12:21 pm to UFownstSECsince1950
Posted on 1/5/15 at 12:21 pm to UFownstSECsince1950
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 on 1/5/15 at 12:32 pm to SlowFlowPro
quote:
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
When the smoke clears from this battle for market share the consumer is going to be the one screwed. These governments and multinational companies are not in a fight to sell you cheap gas. This is the calm before the storm and whenever OPEC get the market share it wants 4 dollar gas will be just a fond memory.
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