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Started By
Message
re: For those gloating about oil:Falling oil means rising foreclosures in oil states
Posted on 1/14/16 at 6:49 pm to yellowfin
Posted on 1/14/16 at 6:49 pm to yellowfin
quote:
True volunteers don't get paid. Then we'd see true patriots, not a bunch of kids that had nothing else going for them.
I'll feed you baw. Volunteers don't make the determination on whether or not they get paid, there are times where service members don't get paid, like the fall of 2011. As to kids joining who have nothing else going for them, majority of the officers have a STEM degree or a degree worth a shite. As far as the enlisted kids go, it isn't their fault their parents failed them.
0
Posted on 1/14/16 at 7:34 pm to donRANDOMnumbers
quote:He are/have. CGI (yes, that one) is opening or has opened an office here.
Would love Lafayette to bring in a technology company.
Posted on 1/14/16 at 7:43 pm to donRANDOMnumbers
quote:
The brightside is that Lafayette has a booming medical presence and it will only continue to improve.
Watch what happens when the oil money leaves town
Posted on 1/14/16 at 8:03 pm to AUCE05
quote:
I will never feel guilty for paying a reasonable price for gas.
Obvious you have never traveled outside the USA.
Posted on 1/14/16 at 8:29 pm to AUCE05
quote:
Regardless of how many sad stories are posted on here, I will never feel guilty for paying a reasonable price for gas
Yep. You've got more than 120 likes and 15 dislikes. Says it all.
Posted on 1/14/16 at 9:26 pm to Mo Jeaux
quote:
What does this mean? Why only at these levels?
Because oversupply doesn't explain the entire price move. I've showed you all of the charts and laid out the broader issue but you folks act like I'm in here knighting for $120 oil.
Oversupply tells the story of why oil has fallen to the 40s and 50s, and I've got no problem with that. However, the most recent - read last month or so- has been because of concern over slowing DEMAND worldwide. The broader market has basically moved in lockstep with oil the last few weeks and yet peoplle want to tell me how good cheap oil is for everyone.
For the past few weeks if oil is down then the market is down. Why do you think that is?
Posted on 1/14/16 at 9:26 pm to RedRifle
As long as gas stays under 2.00 I'm happy
Posted on 1/15/16 at 7:09 am to tduecen
WTI Crude currently sitting @ $29.49. Currently down 5.5% on fears of supply glut as Iran will soon be flooding the market.
Posted on 1/15/16 at 7:42 am to slackster
quote:
For the past few weeks if oil is down then the market is down. Why do you think that is?
To not even mention China is a bit disengious. It's a combination of both.
Posted on 1/15/16 at 7:45 am to 13SaintTiger
I wonder if this is a small thing or will blossom into a huge thing?
Posted on 1/15/16 at 7:51 am to 13SaintTiger
I've mentioned China plenty before, hence global slowdown.
Oil down 5% this morning and S&P down nearly 2%. Why do you think that us? Isn't the narrative cheaper oil is bad for LA/TX/ND but good for everyone else?
Oil down 5% this morning and S&P down nearly 2%. Why do you think that us? Isn't the narrative cheaper oil is bad for LA/TX/ND but good for everyone else?
Posted on 1/15/16 at 8:29 am to 13SaintTiger
quote:
it'll just scale back our production until it normalizes again and redistribute investments elsewhere.
where?
other than tech
Posted on 1/15/16 at 8:35 am to blueboy
quote:
CGI (yes, that one) is opening or has opened an office here.
I think they have a temp office downtown, but their new building is currently under construction
Posted on 1/15/16 at 9:09 am to slackster
quote:
Oil down 5% this morning and S&P down nearly 2%.
The people in this thread cheering on low gas prices don't see the correlation between the stock market getting hammered and these prices. I'm more afraid of a global recession than ever before. This is crazy.
Posted on 1/15/16 at 9:16 am to Oates Mustache
Yeah, me too.
Met w/ the FA yesterday. sitting tight for now, put all future 401K contributions to cash for the time being, but didn't liquidate anything. Gonna buy more Ford and MS. HOG sucks.
Met w/ the FA yesterday. sitting tight for now, put all future 401K contributions to cash for the time being, but didn't liquidate anything. Gonna buy more Ford and MS. HOG sucks.
Posted on 1/15/16 at 9:34 am to magildachunks
You are a fool if you think OPEC will not manipulate the price again after their agenda is met. They are losing shite tons of money too. It's not a matter of if the price will go back up its a matter of when.
Posted on 1/15/16 at 9:55 am to Oates Mustache
Yea but I'm saving $50 a month on gas!
But milk and airline fares are still high as giraffe pussy for some reason. I though this cheap gas was going to make everything so cheap.
But milk and airline fares are still high as giraffe pussy for some reason. I though this cheap gas was going to make everything so cheap.
Posted on 1/15/16 at 9:55 am to SlowFlowPro
quote:
where?
Manufacturing, agriculture, healthcare, transportation. Pick one SFP
Posted on 1/15/16 at 9:58 am to DownshiftAndFloorIt
Posted on 1/15/16 at 10:12 am to Oates Mustache
Just wanted to add, they are expecting a 12% loss globally. You guys cheering can't see the bigger picture here. This is scary.
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