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Message
America's oil industry is 'dead in the water'
Posted on 4/27/16 at 6:52 pm
Posted on 4/27/16 at 6:52 pm
More F-250s and truck nuts to be available at bargain basement prices.
LINK
LINK
quote:
this time -- the Saudis kept pumping away, prices stayed low, and American companies let their drilling grind to a near-stop. Pickens doesn't expect them to resume anytime soon, even if prices come up a bit.
"It'll be hard to start the United States back up," he said. He was more blunt over dinner. "The industry," he said, "is dead in the water."
quote:
They pressed Pickens on how high prices would need to rise to bring U.S. oil rigs back online en masse; he said higher than $40 or $50 a barrel - probably closer to $60.
17
Posted on 4/27/16 at 6:54 pm to Major Dutch Schaefer
quote:
than $40 or $50 a barrel - probably closer to $60.
OMG he's a genius!
This post was edited on 4/27/16 at 6:55 pm
Posted on 4/27/16 at 6:56 pm to Major Dutch Schaefer
#louisiana #gym #weights #testosterone #f250 #liftedtrucks #smallpenis #guns #merica
Posted on 4/27/16 at 6:56 pm to Oates Mustache
This guy Pickens knows his shite.
Damn
Damn
Posted on 4/27/16 at 6:56 pm to Major Dutch Schaefer
Hope Gas drops to 75 cents a gallon
Posted on 4/27/16 at 6:58 pm to Major Dutch Schaefer
Why are you celebrating the return to the days of dependence of foreign oil? Do you realize what will happen when demand exceeds the reduced supply once provided by domestic firms?
Posted on 4/27/16 at 6:58 pm to BRgetthenet
Actually looking into buying a nice 27' bay boat from an oilfield baw that lost job
Posted on 4/27/16 at 6:58 pm to Oates Mustache
Problem also lies with the inefficiency for which they are drilled. People from one end to the other get burnt out. It's hard to balance as companies when it's so up and down.
Being in a different field now showed me how fast paced the industry is.
Posted on 4/27/16 at 6:59 pm to Major Dutch Schaefer
Saudi Arabia hates the USA. Why do we allow them to do this to us?
Posted on 4/27/16 at 6:59 pm to Cosmo
Is it named the "Mushroom Stamp"?
Posted on 4/27/16 at 6:59 pm to Cosmo
Lowball his arse. Make him throw in his Red's membership
Posted on 4/27/16 at 6:59 pm to The First Cut
quote:
Why are you celebrating the return to the days of dependence of foreign oil? Do you realize what will happen when demand exceeds the reduced supply once provided by domestic firms?
paging yoga girl
Posted on 4/27/16 at 7:02 pm to Cosmo
Twin 250 Yamaha Fourstrokes on a jack plate and rims on the trailer?
Posted on 4/27/16 at 7:04 pm to Cosmo
That is one large bay boat.
Posted on 4/27/16 at 7:05 pm to Major Dutch Schaefer
How about that IPO.
Posted on 4/27/16 at 7:06 pm to Janky
Over 21 ft and you're just wasting money you could have spent on a body lift and jet skis.
Posted on 4/27/16 at 7:06 pm to Major Dutch Schaefer
quote:
More F-250s and truck nuts to be available at bargain basement prices.
Can we move on from this?
TIA.
Posted on 4/27/16 at 7:07 pm to TheIndulger
quote:
throw in his Red's membership
is that guy still alive? I taught his kid how to fly, Red was not a good pilot Posted on 4/27/16 at 7:08 pm to rmnldr
The stone age didnt end bc we ran out of stones...
It would actually start up fairly quickly... Its not exactly rocket science to roll a rig up to N Dakota and punch a hole in the ground...
I just find it weird how unemployment can be 5% after 100k's of oilfield baws been laid off....
Nothin burns like hydrocarbons baw... You aint gonna zoom zoon your bayboat w/solar
It would actually start up fairly quickly... Its not exactly rocket science to roll a rig up to N Dakota and punch a hole in the ground...
I just find it weird how unemployment can be 5% after 100k's of oilfield baws been laid off....
Nothin burns like hydrocarbons baw... You aint gonna zoom zoon your bayboat w/solar
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