re: Global oil glut set to grow as China slows crude imports

quote:

---

So the US economy is a zero sum game that can be centrally planned? Interesting.

---

You win the non-non-sequitor post of the day award.

Or do you really think money spent in O&G is superior to money spent on other goods and services? I wonder how much of that money gets spent on technology instead?

quote:

---

quote:
Curious how much you are saving a month with prices at the levels they are now?


Trolling aside, gas is only $1/gallon (2.50 vs 3.50 nat'l avg) cheaper now than this time last year when crude was more than double current prices.

That's $50 a month if you drive 1k miles @ 20mpg. I don't think anyone was/is cutting back. You could drop your internet speed a tier, or buy a few equate/great value items and never know the difference.

Those that do drive more aren't willing to move or change jobs, so it can't really be too much of an inconvenience.

---

Multiply this by 2 for families and its $1200/yr. Multiply that number times families from 46 states completely unaffected and the 4 states where a few but not most, and it's pretty significant disposable income for the rest of the US

quote:

---

Is this the daily thread to make fun of oil field trash and plant operators

---

I'm cool with that.

quote:

---

Oil field workers make great money with minimal to no skill.

---

This is sort of ridiculous statement. So you are saying none of the workers have any skill? I have a graduate degree and work in the industry and even I can tell that the workers have skill. Yes I'm even talking about the ones with no degrees. I think some people put too much emphasis on degrees or think they are above people because they have degrees. Many people develops skills without college degrees.

quote:

---

BUT, quit saying you make unusual sacrifices

---

I wouldn't say they make unusual sacrifices but there are a lot more safety concerns working in the oil and gas industry compared to other industries.