- 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: Better not be bragging about cheap gas or this guy is gonna get ya!
Posted on 12/11/15 at 7:39 am to Placebeaux
Posted on 12/11/15 at 7:39 am to Placebeaux
Except today's oil production is based on horizontal drilling that significantly inflated the per barrel cost of extraction (when compared to traditional oil and gas plays) and needs a lot of hydraulic fracturing further increasing extraction costs.
Plus the commodities trading market has gotten ever more sophisticated, increasing the impact OPEC can have on domestic prices.
Plus the commodities trading market has gotten ever more sophisticated, increasing the impact OPEC can have on domestic prices.
1
Posted on 12/11/15 at 7:54 am to CorporateTiger
OT thinks you can drill a hole. It's so easy to do that in the first place. And oil comes out the ground like puss out of pimples on their arse 
This post was edited on 12/11/15 at 7:55 am
Posted on 12/11/15 at 7:57 am to Nado Jenkins83
No it's obviously Obama and inflation that are behind the O&G sector's trouble. It certainly isn't that shale plays and light tight oil are a fundamentally more expensive product to extract.
Posted on 12/11/15 at 7:59 am to foshizzle
quote:
No, he was probably paid pretty well for his hard work and dedication. Most people with a similar level of education don't get paid nearly that much.
However, like many lines of work, business can be cyclical. That's why you save in times of plenty.
yeah this is the argument
yes it can be a shite job and you sacrifice, but that's why you get paid way above market level for your skill/education status
and yes, it is a cyclical industry that is very volatile. that is why you save that massive salary you receive when working in the oil field. that way during the down time, you can still support your family and unlike the heavy times, you have even more time to "make up" for all the time you missed
that's how it's supposed to work
Posted on 12/11/15 at 8:07 am to ShermanTxTiger
quote:
The prices are artificially low. OPEC is dumping crude to drive US producers out of business so they can have a monopoly on the market again. I am a huge libertarian and free market guy but this is an attack on our national security and our economy. This is the only time I would recommend import tariffs on a barrel of oil to make it a market price of $60.00.
if you're a libertarian then you should be happy that they're doing this because we are getting a double benefit
Saudi Arabia is subsidizing our petro usage. so SA is spending it's own money in order to make the lives of our society (overall) better by cutting costs to our society, so that that excess can be spend elsewhere (double benefit)
yes, it sucks when protectionist policies hurt individual industries, but you have to look macro, and we come out way ahead
Posted on 12/11/15 at 8:09 am to LSUTANGERINE
quote:
Cultcha bra. Cultcha
i know you're post-racial and all that, but this thread is an example of how the OT hates all "lower" cultures
Posted on 12/11/15 at 8:11 am to Huey Lewis
quote:
He missed birthdays, church plays, and multiple Christmases, so YOU would have gas for your car, and natural gas to power the power plants that turn the lights on in your house.
Shiiiiiit. None of the ones I know work anything but regular schedules and if they get OT, it's time and a half...at least. I had call damn near every holiday for the past who knows how many years. Not to mention the week night calls and other bullshite. For that, I get paid jack shite. So, no sympathy here.
Don't ask for any, don't give any. And the reason they worked those shifts was to get paid, not for me to have gasoline. GTFO with that shite. If that was the case, they do like I have to and do the shite for free on nights and weekends and often in between. They produce gas and shite for those that can't pay? NO. 
I've been hearing this whiney arse shite around here for the past year or so. On the upside, there's gonna be some damn nice boats, F250's, campers, guns, house trailers, and X-marks going on fire sale here real soon!!!!!! Too bad they can't sell their tat's too. I'd love to have a "oilfield trash making that oilfield cash!!!" tat, with a demonic roughneck with a oil derrick for a penis tat. Those seem to be popular. Maybe not that exact image, but some variation. 
Posted on 12/11/15 at 8:13 am to SlowFlowPro
quote:
that is why you save that massive salary you receive when working in the oil field. that way during the down time, you can still support your family and unlike the heavy times, you have even more time to "make up" for all the time you missed that's how it's supposed to work
Not everyone makes a massive salary. Office workers don't make 150K a year. I mean some do but not everyone.
This post was edited on 12/11/15 at 8:14 am
Posted on 12/11/15 at 8:13 am to Placebeaux
quote:
instead demand that the Fed quit inflating the dollar to oblivion.
The dollar is relatively strong right now and that is hurting exporters and helping importers. Perhaps you should go brush up on some economics.
Posted on 12/11/15 at 8:22 am to southernelite
Sorry oil workers, you entered that industry for the insane profits that can be generated when oil is trending upwards in price. But you know (or should have known) that the price of oil changes every day, and had gone up 3-4 times it's value from 12 years ago. It had gone up an unsustainable amount, the only thing that increases like that is stock. And stock often plummets and people on Wall Street lose their jobs when that happens.
But you enter those industries for the lucrative rewards, you have to accept the risks as well. I'd rather no one lose their jobs, but most of you wouldn't accept a pay cut either, so they have to fire you instead
But you enter those industries for the lucrative rewards, you have to accept the risks as well. I'd rather no one lose their jobs, but most of you wouldn't accept a pay cut either, so they have to fire you instead
Posted on 12/11/15 at 8:32 am to SmackoverHawg
quote:
SmackoverHawg
I'm not sure why you're threadshitting on this topic, but all of your posts have been extreme exaggerated examples, much like the all cops are bad, all blacks are criminals, etc. type generalizations. You may not feel the effects yet, and if I remember correctly you're in health care, so you likely won't feel much, but your family and friends in other industries are going to feel it soon if things don't stabilize.
These prices are very unsustainable, and God help us if the pendulum swing is extreme in the other direction. You think $4/gallon was bad?
Posted on 12/11/15 at 8:32 am to southernelite
quote:
southernelite
quote:
The dollar is relatively strong right now and that is hurting exporters and helping importers. Perhaps you should go brush up on some economics.
Exactly. Runaway inflation has not been an issue in the U.S. in this century.
Posted on 12/11/15 at 8:37 am to southernelite
I didn't read all six pages, but will venture to guess that TD assumes only rednecks living paycheck to paycheck lost their jobs.
Not IT, engineers, salesmen, accountants...
Not IT, engineers, salesmen, accountants...
Posted on 12/11/15 at 8:40 am to fightin tigers
quote:
but will venture to guess that TD assumes only rednecks living paycheck to paycheck lost their jobs.
Not IT, engineers, salesmen, accountants...
you guess correctly
Posted on 12/11/15 at 8:42 am to southernelite
quote:
Well, most people don't save money, that's the problem. It's not just oilfield workers that are guilty.
I agree. But who is saying these people didn't save? The market and industry tanked and many have lost jobs but I know some that lived as anyone else would and have savings and did well with there money. I think there's a generalization that all were/are overpaid rednecks.
Posted on 12/11/15 at 8:43 am to TheAlmightySmash
quote:
He should have went to college and got a degree to fall back on.
I'm guessing your a college graduate with an English degree?
Posted on 12/11/15 at 8:44 am to Martini
quote:
I think there's a generalization that all were/are overpaid rednecks.
There is no thinking right here, it's a certainty.
Posted on 12/11/15 at 8:44 am to mikeytig
quote:
I'm guessing your a college graduate with an English degree?
I'm guessing you didn't graduate in English either, eh?
Posted on 12/11/15 at 8:45 am to fightin tigers
quote:
Not IT, engineers, salesmen, accountants
Most of those skills are in demand so finding a job for them shouldn't be that difficult.
Page 6 of 11
Popular
Back to top
Follow TigerDroppings for LSU Football News