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re: Are the oil workers going back to work?
Posted on 5/18/16 at 7:35 pm to CatsGoneWild
Posted on 5/18/16 at 7:35 pm to CatsGoneWild
Your question doesn't really make sense. If they were ripping you off because they can, workers would be going back to work.
0
Posted on 5/18/16 at 7:38 pm to Paul Allen
quote:
How bleak is the future of oil for Louisiana economy
Worse than it ever has been. Permanent damage. The governor is not helping much.
We act like a banana republic, and to a larger degree than anywhere else in the US, we extract money from oil companies like one.
We don't have a hell of a lot left in oil. Natural gas is woefully low in price. It's end times bad from a strategic standpoint, at least on the upstream side.
Posted on 5/18/16 at 7:42 pm to CatsGoneWild
Gas is almost $2.50 a gallon, they are all rich again.
Posted on 5/18/16 at 7:46 pm to GEAUXT
quote:
Thank God the oil companies developed such an important and necessary product!
Damn, people are ignorant.
Posted on 5/18/16 at 7:47 pm to kywildcatfanone
quote:
Gas is almost $2.50 a gallon, they are all rich again.
OT economics
Posted on 5/18/16 at 7:49 pm to Boagni Swamp
That's a lot of doom and gloom
Posted on 5/18/16 at 7:54 pm to Paul Allen
quote:
doom and gloom
Yeah. And I didn't even mention the coastal zone litigation.
Posted on 5/18/16 at 7:55 pm to CatsGoneWild
I sure hope so. Ole neighbor baw had to sell his truck-nuts for some beef jerkey and a can of skoal. Tough times.
Posted on 5/18/16 at 7:57 pm to CatsGoneWild
Gas was $1.27 there?
Posted on 5/18/16 at 8:22 pm to Boagni Swamp
quote:
Worse than it ever has been.
You must have been born after 1980.
Posted on 5/18/16 at 8:25 pm to CatsGoneWild
My company is still canning people like it's the 80s, and spending is staying pretty much frozen until next year.
Posted on 5/18/16 at 8:40 pm to CatsGoneWild
You do realize that a significant portion of the ppg at the pump is made up of taxes right? Sometimes upward of $.45 a gallon, regardless of price.
Posted on 5/18/16 at 9:05 pm to auggie
Yes
Posted on 5/18/16 at 9:15 pm to lsugradman
quote:
still laying people off and will be throughout 2016 unless prices drastically rise.
Should turn around soon. With gas prices going up in the summer, it's going to be more expensive for the fuel trucks to ship and deliver fuel to the gas stations. The major companies pass the extra fuel costs on the to consumer, so gas prices go up.
Posted on 5/18/16 at 9:15 pm to CatsGoneWild
Doubtful. The Shell VIP tent at Jazz Fest this year was serving Miller lt and hi life and snacks were limited to nabisco products.
This post was edited on 5/18/16 at 9:23 pm
Posted on 5/18/16 at 9:20 pm to TigerFred
quote:
ou must have been born after 1980.
This is my fourth bust, young whippersnapper.
The difference between this bust and past ones is that Louisiana doesn't have much in the way of oil reserves left for majors to come back for, and the legal climate here has turned poisonous towards operators.
This post was edited on 5/18/16 at 9:21 pm
Posted on 5/18/16 at 9:28 pm to Boagni Swamp
Posted on 5/18/16 at 9:29 pm to CatsGoneWild
Traditional Belgian Whit
Posted on 5/18/16 at 9:32 pm to MoonrakerElite
Gas station prices mean nothing. LOL
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