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Started By
Message
re: Get your truck nuts while you can - 100,000 oil jobs could be coming back
Posted on 7/14/16 at 3:13 pm to ForeverLSU02
Posted on 7/14/16 at 3:13 pm to ForeverLSU02
Its about damn time!!
Posted on 7/14/16 at 3:19 pm to ForeverLSU02
Don't get your hopes up....floating inventories are rising.
Posted on 7/14/16 at 3:19 pm to ForeverLSU02
Stocks to watch during this change:
Chevron - CVX
Exxon Mobil - XOM
Ford - F
Amazon - AMZN
Oil companies will be making money and hiring...Ford will be selling new 250 Diesels...Amazon will be shipping Truck Nutz 24/7.
Chevron - CVX
Exxon Mobil - XOM
Ford - F
Amazon - AMZN
Oil companies will be making money and hiring...Ford will be selling new 250 Diesels...Amazon will be shipping Truck Nutz 24/7.
Posted on 7/14/16 at 3:29 pm to gatorrocks
quote:
One of the companies featured in the big short. I'm sure they known what they're talking about.
Just earlier this year, they were predicting oil to go to $20/bbl. wouldn't believe anything they say
Posted on 7/14/16 at 3:38 pm to ForeverLSU02
false flag news release to attempt to win some votes for Hillary
Posted on 7/14/16 at 3:43 pm to ForeverLSU02
Not gonna happen. The industry was at an all time high. I doubt I see it get back there again ($120)
Posted on 7/15/16 at 1:30 am to malvin
quote:
I look forward to a bidding war for talent so I can renegotiate the terms of my current employment
Enjoy the 2-3 year wait.
Posted on 7/15/16 at 1:34 am to ForeverLSU02
Gas was down to 1.99 today.
Posted on 7/15/16 at 3:18 am to GREENHEAD22
quote:
As someone in the industry it would be nice but it's not happening. It's going to be a couple more years at least.
Are you not a very recent grad with less than 6 months "in the industry"?
Posted on 7/15/16 at 4:16 am to ForeverLSU02
We Finna eat BAWS woot woot!!!!
Posted on 7/15/16 at 4:31 am to cave canem
quote:
Are you not a very recent grad with less than 6 months "in the industry"?
I am a not so recent grad with 20 years in the industry both domestic and international. While activity levels may creep up slightly day rates and employee compensation packages will not reverse course until 2018. So the industry will continue to suffer.
Posted on 7/15/16 at 4:46 am to redstick13
quote:
I am a not so recent grad with 20 years in the industry both domestic and international. While activity levels may creep up slightly day rates and employee compensation packages will not reverse course until 2018. So the industry will continue to suffer.
Comment was not directed at you, I actually agree wholeheartedly with your assessment. While upticks will occur they will be short lived and based on speculation not fundamentals. How is Africa treating you these days?
We are still plenty busy here.
Posted on 7/15/16 at 5:13 am to TheIndulger
Yeah, Goldman Sachs has been at the extremes of every forecast they've made. Either the end of the world or its about to come back with a vengeance. Only good thing from this is it looks like we can maybe breathe a little easier that it's not going to be dropping way below where it's at any time soon. But that's never a guarantee. It seems like we are in "recivery" though.
Posted on 7/15/16 at 6:32 am to KG6
I'm not sure Goldman understands what supply levels are
Posted on 7/15/16 at 7:06 am to cave canem
We have new projects coming up but the pricing is dismal. You?
Posted on 7/15/16 at 7:49 am to SOLA
quote:
I'm not sure Goldman understands what supply levels are
I have a feeling they may understand how financial markets work. They just go out on a limb in an attempt to make money. It's not like they are necessarily truth-sayers with magic visions of the future. They're just trying to make a buck and take it for what it's worth.
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