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Started By
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re: Better not be bragging about cheap gas or this guy is gonna get ya!
Posted on 12/11/15 at 8:48 am to southernelite
Posted on 12/11/15 at 8:48 am to southernelite
quote:
Most of those skills are in demand so finding a job for them shouldn't be that difficult.
any engineer or scientist/geologist in the south that got laid off from working directly or indirectly for O&G isn't going to find work that easy right now
2
Posted on 12/11/15 at 8:48 am to lsuoilengr
quote:
im actually typing this from offshore. Just put another 25k in my pocket lol
shite like this is why we won't care when you lose your job.
Posted on 12/11/15 at 8:48 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. That would help our domestic producers stay in business. We would have to pay $2.75 a gallon for gasoline though. I could live with that.
Just to be clear, you support a tax on fuel to come from the consumer and go directly to the oil companies?
WTF is that shite?
Posted on 12/11/15 at 8:49 am to southernelite
quote:
Most of those skills are in demand so finding a job for them shouldn't be that difficult.
For a lot less pay since the supply side greatly increased.
Posted on 12/11/15 at 8:54 am to Salmon
quote:
I'm guessing you didn't graduate in English either, eh?
Posted on 12/11/15 at 9:10 am to PapaPogey
quote:
There is no thinking right here, it's a certainty.
No it's not. I know quite a few people that have made a good living working hard in the oil patch that always lived within their means, raised families, paid college tuition and are just working people.
And I don't see the obsession with F250's. It's a truck and doesn't cost much more than most vehicles out there- not to mention they are all over and not just oilfield.
I appreciate the cheaper gas and hate so see any industry take a hit especially one close to home but I also don't see all the people crying about it that everyone claims.
Posted on 12/11/15 at 9:22 am to Salmon
quote:
any engineer or scientist/geologist in the south that got laid off from working directly or indirectly for O&G isn't going to find work that easy right now
I know a petro engineer who got laid off and is now working with the roughnecks he used to engineer for because he couldn't find more work fast enough.
This quote validated.
Posted on 12/11/15 at 9:25 am to ShermanTxTiger
quote:
We would have to pay $2.75 a gallon for gasoline though. I could live with that.
Exactly. Maybe then I could more easily get back into O&G.
Posted on 12/11/15 at 9:31 am to Salmon
quote:
any engineer or scientist/geologist in the south that got laid off from working directly or indirectly for O&G isn't going to find work that easy right now
Everyone doesn't realize that o&g engineers aren't necessarily a plug and play option for chem or other industries.
Posted on 12/11/15 at 9:31 am to TheAlmightySmash
quote:My Teeth!
have went
Posted on 12/11/15 at 9:50 am to cave canem
quote:
Just to be clear, you support a tax on fuel to come from the consumer and go directly to the oil companies?
WTF is that shite?
Dollars to donuts he's a Trump supporter.
Posted on 12/11/15 at 10:21 am to southernelite
quote:
The dollar is relatively strong right now and that is hurting exporters and helping importers
I was thinking of quitting the exporting and focusing more on the importing.
Posted on 12/11/15 at 10:25 am to Placebeaux
You can't be serious right now.
Posted on 12/11/15 at 10:28 am to southernelite
You aren't wrong. The current economics do help importers, and the U.S. still bans the export of unrefined crude. That just isn't the whole story though, when shale producers cost to extract is double (or more in certain plays) the Saudi's costs, then you are going to see struggling and bankrupt producers.
Saudi is still producing from cheaper formations and therefore they can outcompete U.S producers
Saudi is still producing from cheaper formations and therefore they can outcompete U.S producers
Posted on 12/11/15 at 10:33 am to lsuoilengr
quote:
Just put another 25k in my pocket lol
quote:
true ballers
Posted on 12/11/15 at 10:37 am to CorporateTiger
I understand that. That doesn't mean we should tariff imports though just because the shale plays aren't profitable.
We should lift the restrictions on exporting crude, however.
We should lift the restrictions on exporting crude, however.
Posted on 12/11/15 at 10:41 am to southernelite
Oh I'm serious
Posted on 12/11/15 at 11:00 am to southernelite
Agreed on that. I don't want tariffs or anything. My current business is in support of commodities trading, so tariffs aren't a good thing for me.
My point was more that this isn't a political or a fed created issue. It is an engineering driven issue with the high extraction costs of U.S. oil. Bitching about the is just bits around the details of this current situation.
My point was more that this isn't a political or a fed created issue. It is an engineering driven issue with the high extraction costs of U.S. oil. Bitching about the is just bits around the details of this current situation.
Posted on 12/11/15 at 11:13 am to Oates Mustache
quote:
These prices are very unsustainable
As long as the global economy - especially Europe and China - keep slagging, prices aren't going to do anything. If anything, prices might be a bit inflated because the U.S. has managed to keep charging on while the rest of the world slacks. You want to see prices really crater? Wait until the Chinese real estate bubble pops.
Posted on 12/11/15 at 11:13 am to Placebeaux
quote:
I was thinking of quitting the exporting and focusing more on the importing.
Art Vandelay is that you?
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