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re: For those gloating about oil:Falling oil means rising foreclosures in oil states
Posted on 1/14/16 at 11:26 am to Harry Pitts
Posted on 1/14/16 at 11:26 am to Harry Pitts
quote:
Very debatable.
The infrastructure for domestic production doesn't disappear over night.
The Arabian producers have made it very clear that they will keep prices low to protect their market share, but they will only be able to keep posting deficits for so long.
I sure hope you're right.
Posted on 1/14/16 at 11:28 am to fightin tigers
quote:
What's reasonable?
I think $2.50-$3 would be a reasonable price. I love paying $1.75 but understand the implications in the long term.
Posted on 1/14/16 at 11:36 am to ThatsAFactJack
quote:
I think $2.50-$3 would be a reasonable price. I love paying $1.75 but understand the implications in the long term.
and what implications would those be?
Posted on 1/14/16 at 11:38 am to The First Cut
$2 seems to be the perfect price. It's when it creeps over the 2.25 range that I start to cringe at the pump. Obviously I love where it's at right now.
Posted on 1/14/16 at 11:46 am to rocket31
Yeah, worst case I'm seeing is that gas spikes back to 3+ in the next up cycle. I just get a break in the meantime.
I'm not sure where this nightmare scenario of Saudi Arabia bankrupting everybody and then making us pay 7 bucks at the pump is coming.
I'm not sure where this nightmare scenario of Saudi Arabia bankrupting everybody and then making us pay 7 bucks at the pump is coming.
Posted on 1/14/16 at 11:48 am to yellowfin
quote:
I'm gonna get my house built dirt cheap toward the end of this year when all the builders are sitting around with nothing to do
But are you going to have the money, be willing to spend it or is the bank going to be willing to lend it?
Posted on 1/14/16 at 11:58 am to Martini
yes
yes
and I don't know why they wouldn't
yes
and I don't know why they wouldn't
Posted on 1/14/16 at 12:01 pm to yellowfin
What's the best way to get Yeti stickers off of glass? Just got a sweet deal on an F250. 
Posted on 1/14/16 at 12:06 pm to terd ferguson
Gotta scrape it off with your sweet Boker or Benchmade pocket knife, Baw
Posted on 1/14/16 at 12:07 pm to yellowfin
You could be laid off by then.
Lots of people are getting laid off right now.
A lot.
Lots of people are getting laid off right now.
A lot.
Posted on 1/14/16 at 12:08 pm to BRgetthenet
Fin has a crawfish empire to fall back on.
Posted on 1/14/16 at 12:10 pm to stout
Should have gone with the Coleman, but instead went for the Yeti. I always ensure I can make house and car payments with two minimum wage jobs.
Posted on 1/14/16 at 12:11 pm to Napoleon
quote:
To me, $2.25-2.50 I think that is the happy middle where it doesn't hurt the pocket and also keeps the truck nut manufacturers in business.
Posted on 1/14/16 at 12:12 pm to stout
I wouldn't be buliding a house if my industry was tanking with no sign of a rebound.
But hey, this is the kind of decision that keeps you employed.
But hey, this is the kind of decision that keeps you employed.
Posted on 1/14/16 at 12:14 pm to BRgetthenet
I could jump into any industry out there doing exactly what I do now. I'm tied to oil and gas
Posted on 1/14/16 at 12:15 pm to RedRifle
Maybe those trashy fricks shouldn't have bought 4000 sf houses with garages big enough to fit their jacked up F250 with truck nuts.
Posted on 1/14/16 at 12:16 pm to yellowfin
You and hundreds of others.
Just saying, buliding might not be the best idea right now.
Maybe it is. I'd be sitting on cash as opposed to figuring out ways to spend it.
Just saying, buliding might not be the best idea right now.
Maybe it is. I'd be sitting on cash as opposed to figuring out ways to spend it.
Posted on 1/14/16 at 12:20 pm to poochie
quote:Same here.
Me:
•In o&g
•Didn't overbuy
•Don't own truck nuts
•Have a lot of savings
•Still nervous AF about my job!
Posted on 1/14/16 at 12:21 pm to BRgetthenet
That's for the advice screen name 
Posted on 1/14/16 at 12:33 pm to yellowfin
quote:
I'm gonna get my house built dirt cheap toward the end of this year when all the builders are sitting around with nothing to do
THIS. I tried to get some renovations done in late 2014 and the builders practically laughed in my face because they were so busy. One of the guys that didn't even want to bid on the job told me last week he is looking to get a "normal" job now because he can't get any work. I am going to give it a few months and have those builders come back and look at the job again. Especially the a-hole that bid it for three times what it should have cost. Can't wait to hold their feet to the fire just like they tried to do to me.
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