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Baws time for some NEW Trucks with Huuuugggeee Nuts: Oil $80 a barrel predicted

Posted on 1/10/18 at 8:47 pm
Posted by Covingtontiger77
Member since Dec 2015
10185 posts
Posted on 1/10/18 at 8:47 pm
Raptor, F350, Hemi?!?! What will it be?

quote:

Oil prices have been grinding higher and higher, spurring forecasters to predict they could hit $80 a barrel this year. Oil is already trading at its highest levels in three years after a 22% gain for U.S. crude futures over the past 12 months, and some market watchers expect prices to take out new milestones as the rally continues in 2018.


WSJ
This post was edited on 1/10/18 at 8:48 pm
Posted by oleyeller
Vols, Bitch
Member since Oct 2012
32015 posts
Posted on 1/10/18 at 8:49 pm to
just trump making merica great again
Posted by TigerGman
Center of the Universe
Member since Sep 2006
11173 posts
Posted on 1/10/18 at 8:50 pm to
Not long after they start drilling they'll produce another glut and the prices will drop again.
Posted by fareplay
Member since Nov 2012
4795 posts
Posted on 1/10/18 at 8:51 pm to
Oil baws need your help
Posted by LigerFan
Member since Jan 2014
2711 posts
Posted on 1/10/18 at 8:52 pm to
:can'twait.gif:
Posted by mailman
Houston
Member since Jul 2009
6143 posts
Posted on 1/10/18 at 8:53 pm to
It will fall again man
Posted by LSURussian
Member since Feb 2005
126937 posts
Posted on 1/10/18 at 8:57 pm to
quote:

Oil $80 a barrel predicted
No way!

dabigfella told everyone in his fan boy TESLA thread on the Money Talk Board last April that oil would never hit $75/barrel again. That's right....NEVER!!
Posted by jcaz
Laffy
Member since Aug 2014
15528 posts
Posted on 1/10/18 at 9:03 pm to
I hate the nature of this business. Even if oil gets back to $100 I doubt my employer even gives us 3% raises. So ready to jump to something else.
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 1/10/18 at 10:05 pm to
If one are a true asset, one can name their price. If one is a "safety engineer", the a 3% raise could be hard to come by.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 1/10/18 at 10:05 pm to
quote:

ust trump making merica great again


If there’s one way to raise prices, it’s to open up the entire U.S. to drilling
Posted by Houma Sapien
up the bayou
Member since Jul 2013
1688 posts
Posted on 1/10/18 at 10:12 pm to
Until the next crash.

No one learned their lesson in the 80's or 2010's. Best move I ever made was getting out of the oilfield.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 1/10/18 at 10:46 pm to
Maybe truck prices will go down again
Posted by GreatLakesTiger24
COINTELPRO Fan
Member since May 2012
55546 posts
Posted on 1/10/18 at 10:47 pm to
The all feel gonna be boomin
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 1/10/18 at 10:49 pm to
quote:

Maybe truck prices will go down again

By oil going up? I don't think that you understand the correlation in LA
This post was edited on 1/10/18 at 10:58 pm
Posted by BayouFann
CenLa
Member since Jun 2012
6868 posts
Posted on 1/11/18 at 12:28 am to
1 Oil prices rise
2 folks get happy
3 ill advised financing/spending
4 oil prices drop
5 layoffs
6 folks are deservingly stuck in shitty financial situations
7 repos, ins fraud, marriage issues, depression....
8 things level back out

Idiots rinse and repeat
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76169 posts
Posted on 1/11/18 at 12:33 am to
Thank god I just bought a truck that gives me 13 mpg
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
66885 posts
Posted on 1/11/18 at 1:25 am to
Should be a steady climb up since Trump is going to keep dragging his nuts across Iran's chin.
This post was edited on 1/11/18 at 1:26 am
Posted by Captain Crackysack
Member since Oct 2017
2231 posts
Posted on 1/11/18 at 3:07 am to
I was about to say. O&g isn't known for underpaying employees during the good times. They just take it away in a heart beat as soon as things turn south
Posted by Rossberg02
Member since Jun 2016
2591 posts
Posted on 1/11/18 at 4:28 am to
I have two Ram Rebel TRX’s coming in! One w/nuts and one with shackles! Gonna be a great commute for 2 years!
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 1/11/18 at 4:38 am to
As one of the lucky (not really. I'm amazing and kept my job based off merit and basically being a genius) ones who made it through this as downturn with an engineering degree and experience, I'm not looking forward to this next year. I'd rather it stay where it's at for a year and a half and get people comfortable with hiring and build the workforce back up. 80 bucks is going to get the workload shooting back up with 40% of the people available to do the work.

I mean, it will be nice to see raises again, but I make enough to be okay sticking where I'm at for a few more years and not being overworked.
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