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Started By
Message
re: Are you oil field workers doing alright? Gas has dropped 30 cents in my area
Posted on 11/14/18 at 9:08 am to stout
Posted on 11/14/18 at 9:08 am to stout
Last time I went out to L.A., it was something like $4.79 for premium. I have a 55gal tank in my truck, and get ~13mpg. It hurt.
Had to restart the pump twice, because of the $99 cap
Had to restart the pump twice, because of the $99 cap
0
Posted on 11/14/18 at 9:09 am to 13SaintTiger
"If we make it through December
Everything's gonna be alright I know..."
Everything's gonna be alright I know..."
Posted on 11/14/18 at 9:13 am to 13SaintTiger
I haven't seen as many of these lately but I'm sure the baws are alright.
Posted on 11/14/18 at 9:20 am to Mingo Was His NameO
quote:
They can still make money at $55/barrel
This is so true. I recently worked for a large O&G company and after the 2015 plummet the company was re-organized to be profitable at $45 a barrel.
I just started a new job at another large O&G company and they re-organized to be profitable at $33 a barrel.
Most companies learned a lot from 2015 and no longer rely on $100 a barrel.
Posted on 11/14/18 at 9:44 am to 13SaintTiger
I'm in the Permian Basin right now. Doing great. Thanks for asking.
Posted on 11/14/18 at 9:50 am to 13SaintTiger
There is some drilling going on, but the Oil Co.'s have dropped salaries and are holding back on production to leverage the state to drop the legacy lawsuits. Once we have a new Republican Governor we will get cranking again.
Posted on 11/14/18 at 9:51 am to 13SaintTiger
I’m alright in the short term. This has happened really quick and we were starting to get really busy as of late. A few weeks ago we were holding at 70 and looking like we were going into 80’s when all of a sudden prices started tanking. In my opinion and I’m a Trump supporter but he really screwed up the prices this last go round with the tweets to Saudi and OPEC about regulating the prices through managing inventories etc...
I'm in the Oilfield Service Side in the Gulf
I'm in the Oilfield Service Side in the Gulf
This post was edited on 11/14/18 at 10:07 am
Posted on 11/14/18 at 10:02 am to 13SaintTiger
We are busy as shite
Posted on 11/14/18 at 10:05 am to 13SaintTiger
Nah baw. I died because of it.
Posted on 11/14/18 at 10:08 am to 13SaintTiger
I gave up petroleum products back in 82. Never looked back.
This post was edited on 11/14/18 at 10:10 am
Posted on 11/14/18 at 10:08 am to 13SaintTiger
Well it went up $2 a barrel since yesterday.
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