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re: $90 Oil Is Only The Beginning

Posted on 2/1/22 at 8:30 am to
Posted by Cajunhawk81
Member since Jan 2021
2511 posts
Posted on 2/1/22 at 8:30 am to
Activist shareholders. Literally, they are buying up oil stocks to force the company away from fossil fuels. These people will bring about the Mad Max times. Assless chaps...assless chaps everywhere.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4161 posts
Posted on 2/1/22 at 8:31 am to
quote:

"mud going down that hole 9.2, zero gas"

Man I don't miss that shite. Give me this production facility all day long.


Actually 16.3 ppg spud mud. Drilling a new well with three more after this. Can't wait to get my Jeep truck nutz.
Posted by 777Tiger
Member since Mar 2011
88203 posts
Posted on 2/1/22 at 8:31 am to
All chaps are assless baw, chaps my arse when I hear that
Posted by Klark Kent
Houston via BR
Member since Jan 2008
72999 posts
Posted on 2/1/22 at 8:33 am to
mehh.
This post was edited on 2/1/22 at 8:40 am
Posted by TDTOM
Member since Jan 2021
24486 posts
Posted on 2/1/22 at 8:34 am to
quote:

no intentions of responding or editing your incorrect assumption about a new XOM campus?


Pretty sure he was just messing around since he works in the O&G sector.
Posted by Cajunhawk81
Member since Jan 2021
2511 posts
Posted on 2/1/22 at 8:35 am to
Tell the bears down at the bar, I'm sorry about the chaps comment.
Posted by Koach K
Member since Nov 2016
4795 posts
Posted on 2/1/22 at 8:35 am to
Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 2/1/22 at 8:36 am to
So automated electric trucks and nuclear power is the answer. We should do that right? It can be completed tomorrow.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179165 posts
Posted on 2/1/22 at 8:37 am to
quote:

Eventually the cost of extracting a barrel of oil will exceed the economic benefit derived from its consumption.



That's not how it works. As technology continues to evolve it will probably be cheaper to drill. There is a company in Dallas that has software that enables one person to run 6 drill heads at a time from anywhere in the world. Imagine how much cheaper it will be as more and more tech automates even more processes.
This post was edited on 2/1/22 at 8:41 am
Posted by Tbonepatron
Member since Aug 2013
8462 posts
Posted on 2/1/22 at 8:38 am to
My $60k bonus this year is enough to offset the increase in gas prices.

I’m ok with it.
Posted by 777Tiger
Member since Mar 2011
88203 posts
Posted on 2/1/22 at 8:38 am to
Going to kill truck nut sales
Posted by GreatLakesTiger24
Member since May 2012
58867 posts
Posted on 2/1/22 at 8:40 am to
i'm old enough to remember when posters were being bitched at for celebrating low oil/fuel prices
Posted by stout
Porte du Lafitte
Member since Sep 2006
179165 posts
Posted on 2/1/22 at 8:40 am to
quote:

Oil and gas is here forever!!!!



Even the Biden admin knows that though the will never openly admit it. That's why they have issued tons of permits despite pushing green energy BS


Biden is approving more oil and gas drilling permits on public lands than Trump, analysis finds
Posted by JL
Member since Aug 2006
3201 posts
Posted on 2/1/22 at 8:40 am to
quote:

Actually 16.3 ppg spud mud. Drilling a new well with three more after this. Can't wait to get my Jeep truck nutz.


If you're doing your riserless section with 16.3 ppg I would hang out close to the muster area because the operator doesn't know what the frick they are doing. That should way exceed the frac gradient in probably any area in the gulf before you would run riser.
This post was edited on 2/1/22 at 8:41 am
Posted by MikeD
Baton Rouge
Member since Jan 2004
8126 posts
Posted on 2/1/22 at 8:42 am to
quote:

U.S. public oil companies are still beholden to their shareholders, who seem to be taking to heart forecasts that oil has no long-term future.


Thanks activist investors
Posted by JackieTreehorn
Member since Sep 2013
34739 posts
Posted on 2/1/22 at 8:46 am to
Oil is about to take off but you can't find an F-250. What will the Oil Baws do?
Posted by Texastiger43
Houston
Member since Oct 2015
553 posts
Posted on 2/1/22 at 8:47 am to
The Exxon campus is not new.
Posted by White Bear
AT WORK
Member since Jul 2014
17182 posts
Posted on 2/1/22 at 8:52 am to
quote:

All chaps are assless baw, chaps my arse when I hear that
But all asses are not chapless???
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
135636 posts
Posted on 2/1/22 at 8:56 am to
O&G baws paying over MSRP.
Posted by lake chuck fan
Vinton
Member since Aug 2011
21148 posts
Posted on 2/1/22 at 10:02 am to
quote:

Eventually the cost of extracting a barrel of oil will exceed the economic benefit derived from its consumption.


Being that plastic is a derivative of crude, I can't see that day becoming reality.
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