- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone else tired of listening to oil workers bitch about the cost of oil
Posted on 1/22/16 at 12:02 pm to Crawdaddy
Posted on 1/22/16 at 12:02 pm to Crawdaddy
quote:
I still don't get how low oil means bad economy?
it doesnt, in the short term - cheap oil is great for the avg consumer
in the long term, no one knows what will happen, if they did, they could have predicted this crash
1
Posted on 1/22/16 at 12:03 pm to TigerFred
quote:
I hope you lose your entire right click picture collection.
This already happened... Several years ago. Hard drive crashed on my old laptop.
Posted on 1/22/16 at 12:06 pm to yellowfin
No?
Posted on 1/22/16 at 12:07 pm to 1MileTiger
quote:
However, I don't think we should have elevated oil prices just to support the elevated lifestyles of the O&G industry.
if you think that is what happened. Riddle me this: if the O&G industry had elevated oil prices to support the lifestyles of their employees, why did they stop? Why don't they just elevate the prices again?
Bueller? Bueller?
Posted on 1/22/16 at 12:07 pm to jimbeam
Must have you mixed up with someone else
Posted on 1/22/16 at 12:15 pm to yellowfin
Thought about it, regretted not doing it, now in glad
Posted on 1/22/16 at 12:15 pm to yellowfin
quote:
I don't think we should have elevated oil prices
Elevated - used as an adjective in this case, not a verb.
Posted on 1/22/16 at 12:15 pm to Crawdaddy
quote:
I still don't get how low oil means bad economy? Job loss I get.
Low oil doesn't CAUSE a bad economy, but it is often the result of a bad/slowing economy.
quote:
if oil is cheep shouldn't everything else.
Myth. Companies justify higher energy prices for the rise in their products/services, but they don't lower them when energy gets cheaper.
Energy prices, as measured by CPI, were down 12.6% for the 12-months ending December 2015. However, CPI was up 2.1% for all items less food and energy, and food was up .8% for the 12 months.
quote:
People spending money. Therefore the market should be outstanding.
They're not spending their savings. Look at the market since the start of the year - every good day correlates to a good day in oil, every bad day correlates to a bad day in oil. Perhaps Rocket31 would care to explain why that is the case?
Posted on 1/22/16 at 12:16 pm to rocket31
Oil has gone up $5 in 2 days. I'm pretty sure that trend continues.
Posted on 1/22/16 at 12:17 pm to kywildcatfanone
quote:Once again, I've never read anything remotely close to this on TD. You must be confusing facebook with TD
It comes in the form of "I just bought a new F350. Didn't need it, but why not".
Posted on 1/22/16 at 12:19 pm to jimbeam
Engineering at all?
Posted on 1/22/16 at 12:20 pm to Crawdaddy
Traditionally low oil prices are good for the economy, but the wsj, slate, and guardian all ran interesting pieces today putting forth the idea that low oil prices (in the new shale play world) are actually bad for the economy.
Check out the articles for further info. Not saying they are correct, but this is a unique situation.
Check out the articles for further info. Not saying they are correct, but this is a unique situation.
Posted on 1/22/16 at 12:21 pm to jimbeam
quote:I haven't had FB in 5 years, but I just don't see someone with an engineering degree gloating like that. They're typically very humble and wouldn't brag like that in public. Common rig hands on the other hand are a different story
the Facebook statuses of "yeah baby! Keep that $4/gallon gas up! My petroleum degree paying off!" were pretty great
Posted on 1/22/16 at 12:22 pm to Crawdaddy
quote:But they're not. That's one of the issues. People aren't spending what they're saving in gas money
People spending money
This post was edited on 1/22/16 at 12:24 pm
Posted on 1/22/16 at 12:22 pm to 1MileTiger
quote:
Elevated - used as an adjective in this case, not a verb.
Adjective, verb, doesn't matter. The forces that are causing $30/bbl are many of the forces that caused $100/bbl. Supply and demand.
People rightfully should bitch whenever supply is artificially deflated to support higher price, but this downturn is proof that doesn't happen with O&G. I've got no problem with people celebrating the increase in supply, but lately the problem has been slowing demand, which is a bad thing for everyone no matter what Rocket tries to tell you.
Posted on 1/22/16 at 12:24 pm to yellowfin
Yea but I'm not stuck to O&G
Posted on 1/22/16 at 12:25 pm to LSUTigers9458
quote:
frick you bitch, I hope you DIAF. Kill yourself motherfricker.
LAWD
Posted on 1/22/16 at 12:26 pm to ForeverLSU02
I'm not saying it was everyone. I realize that most O&G people are regular joes with families but believe me it happened. Although the engineers saying it didn't surprise me
Posted on 1/22/16 at 12:28 pm to jimbeam
quote:
jimbeam
quote:With that type of attitude they were probably some of the first ones let go when shite hit the fan
Although the engineers saying it didn't surprise me
Posted on 1/22/16 at 12:31 pm to ForeverLSU02
I am.
Page 13 of 16
Popular
Back to top
Follow TigerDroppings for LSU Football News