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Message

re: Crude below $50

Posted on 1/5/15 at 2:26 pm to
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
74577 posts
Posted on 1/5/15 at 2:26 pm to
quote:

Time to buy some cheap oil stocks!



I really thought pure refiners would have gone up a lot more than they have. Bought up some various a few months back and have been a little underwhelmed.
Posted by Hog on the Hill
AR
Member since Jun 2009
13416 posts
Posted on 1/5/15 at 2:26 pm to
I went from environmental/cultural resource management to healthcare back in 2008/2009. Glad I did...
Posted by meauxjeaux2
watson
Member since Oct 2007
60283 posts
Posted on 1/5/15 at 2:27 pm to
quote:

Hopefully their old ladies didn't spend it all the second they earned it.

Should be some good deals on used lifted trucks soon.

yes indeed.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 1/5/15 at 2:27 pm to
quote:

Time to buy some cheap oil stocks!


Make sure you are wearing gloves.
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6832 posts
Posted on 1/5/15 at 2:27 pm to
quote:

almost everything in the energy production world requires enviornemntal surveys.

there will likely be no shortage of work


this basically, plus i work for a smaller company and our clients are very solid
Posted by Salmon
I helped draft the email
Member since Feb 2008
85136 posts
Posted on 1/5/15 at 2:28 pm to
quote:

I went from environmental/cultural resource management to healthcare back in 2008/2009. Glad I did...


meh

there is plenty of permit type work that will still be around

but the big remediation type projects, the million dollar projects, will likely get postponed/pushed
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
74577 posts
Posted on 1/5/15 at 2:28 pm to
quote:

almost everything in the energy production world requires enviornemntal surveys.



No doubt, if entergy is so cheap there won't be much if any development for a while. I don't think EE will be overstocked, but belts will be tightened all over the industry.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
74577 posts
Posted on 1/5/15 at 2:30 pm to
quote:

this basically, plus i work for a smaller company and our clients are very solid


Would imagine your clients will be shopping around for cheaper services and wanting more for their dollar.

Make no mistake, there will be competition in the field if work starts drying up upstream.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
36449 posts
Posted on 1/5/15 at 2:31 pm to
A lot of projects are priced at $50 a barrel. $40 is real bad though.
Posted by BayouBandit24
Member since Aug 2010
16820 posts
Posted on 1/5/15 at 2:31 pm to
quote:

Should be some good deals on used lifted trucks soon.


True dat
This post was edited on 1/5/15 at 2:32 pm
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58006 posts
Posted on 1/5/15 at 2:32 pm to
quote:

Praying for the families of some of these offshore workers that aren't going to have a good start to 2015.

Never thought I'd see crude drop below $50 again.

they should have stashed some of that oil field cash in savings when they were swimming in it.
Posted by Salmon
I helped draft the email
Member since Feb 2008
85136 posts
Posted on 1/5/15 at 2:32 pm to
quote:

Make no mistake, there will be competition in the field if work starts drying up upstream.


yeah he is pretty naive if he thinks cheap gas prices will not have an effect on environmental consultants in LA

he might not notice it, but his bosses/owners will be sweating it
This post was edited on 1/5/15 at 2:34 pm
Posted by meauxjeaux2
watson
Member since Oct 2007
60283 posts
Posted on 1/5/15 at 2:33 pm to
Cigarette boats as well.
Posted by Lake Vegas Tiger
Lake Vegas
Member since Jun 2014
3277 posts
Posted on 1/5/15 at 2:33 pm to
I'm OK with cheap gas
Posted by GreatLakesTiger24
Member since May 2012
57908 posts
Posted on 1/5/15 at 2:34 pm to
quote:

not good news

You're right, it's great news.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10748 posts
Posted on 1/5/15 at 2:34 pm to
The boat driver in that gif is a poster on the Iowa Rivals site
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58006 posts
Posted on 1/5/15 at 2:34 pm to
quote:

I'm in environmental too, but you see, all of our clients are in O&G...so

guess what budgets are the first to be cut?

definitely not services that will keep the EPA off their asses.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 1/5/15 at 2:35 pm to
Ebay will be flooded with truck nuts.
Posted by GreatLakesTiger24
Member since May 2012
57908 posts
Posted on 1/5/15 at 2:35 pm to
quote:

Should be some good deals on used lifted trucks soon.

and big bay boats
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6832 posts
Posted on 1/5/15 at 2:35 pm to
quote:


yeah he is pretty naive if he thinks cheap gas prices will not have an effect on environmental consultants in LA

he might not notice it, but his bosses/owners will be sweating it


most likely this
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