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Started By
Message
re: Prices Fall to a Six-Year Low for U.S. Oil
Posted on 3/17/15 at 10:48 am to GREENHEAD22
Posted on 3/17/15 at 10:48 am to GREENHEAD22
quote:
You say that but if you live in LA or TX and this gets extended longer than a year you are going to feel it no matter what you do for a living.
This is bullshite. I live in Louisiana. I own a business that requires me to purchase, on average, 30,000-40,000 gallons of diesel annually. I'm tired of paying out the arse for the same fuel that I paid $1.00 a gallon for just prior to 9/11. I hope prices stay down. Yeah, I hate that some people may be out of work but those same people don't give a frick when I'm being billed $4 a gallon for fuel. The oil companies are still raking in multi-millions while I've seen skyrocketing input costs over the last decade strictly because of fuel prices. Also, the price of all goods and services have went thru the roof because of transportation costs. So excuse me if I don't get too upset about more money being in MY pocket.
Posted on 3/17/15 at 12:26 pm to samson73103
quote:
This is bullshite. I live in Louisiana. I own a business that requires me to purchase, on average, 30,000-40,000 gallons of diesel annually. I'm tired of paying out the arse for the same fuel that I paid $1.00 a gallon for just prior to 9/11. I hope prices stay down. Yeah, I hate that some people may be out of work but those same people don't give a frick when I'm being billed $4 a gallon for fuel. The oil companies are still raking in multi-millions while I've seen skyrocketing input costs over the last decade strictly because of fuel prices. Also, the price of all goods and services have went thru the roof because of transportation costs. So excuse me if I don't get too upset about more money being in MY pocket.
Posted on 3/17/15 at 12:40 pm to samson73103
quote:
I live in Louisiana. I own a business
And what does your business do? No ties at all to the oilfield? Honestly asking. I'm trying to determine what fields are out there that are completely insulated from the money oil brings into LA and TX economies. I don't think everyone is doomed, but I think most will feel some effect. If that's offset by your fuel savings, then great. But I know where I lived in LA and in Houston now, every other person you talk to gets most of their work from oil and gas.
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