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Started By
Message
re: Low Gas Prices, People don't understand the Problems
Posted on 1/5/15 at 5:54 pm to AndyCBR
Posted on 1/5/15 at 5:54 pm to AndyCBR
quote:
This is the real downside to the drop in prices.
With the additional exploration and production from oils sands, shale, and additional utilization of natural gas there could be a time in the future where we wouldn't need the Saudis (or anyone else) to be self sufficient.
Those plans tend to fall apart at very low oil prices.
If we had a mercantile economy and our economy were completely isolated from the rest of the world, then, yeah, that would be the future.
0
Posted on 1/5/15 at 5:54 pm to America
What in the hell does Grumpy Cat have to do with the petroleum industry??
Posted on 1/5/15 at 5:57 pm to Zap Rowsdower
quote:
What in the hell does Grumpy Cat have to do with the petroleum industry??
Cause some oilfield worker's trash wife can't understand that you don't need memes to make a point about current events.
Might as well use that internet while she can afford it.
Posted on 1/5/15 at 6:03 pm to Clint Torres
Don't give two shits about the oil field workers
While I was paying $3.75 a gallon they were counting their money and companies realing in record profits
They can suck it
While I was paying $3.75 a gallon they were counting their money and companies realing in record profits
They can suck it
Posted on 1/5/15 at 6:05 pm to dallastiger55
Yea because workers set prices
Posted on 1/5/15 at 6:06 pm to dallastiger55
The reason you are experiencing low gas prices is because oil field workers were working 24/7 (with some risk to life and limb) to produce the oil and gas that makes your vehicle go and keeps your lights on. 
Posted on 1/5/15 at 6:06 pm to magildachunks
You seriously haven't noticed an anti O&G sentiment from nearly everyone who isn't in the industry? Check the post right before mine.
It's very prevalent here.
It's very prevalent here.
Posted on 1/5/15 at 6:07 pm to jimbeam
quote:
Yea because workers set prices
No.
But workers were the ones rubbing it in other's faces about how much money they made because of it.
Maybe now they realize that buying the big truck, 4 wheeler, jet ski, hunting camp, fishing camp, duck blind, gigantic tail gate setup, etc. were not the best choices for their incomes.
Posted on 1/5/15 at 6:10 pm to Louie T
quote:
You seriously haven't noticed an anti O&G sentiment from nearly everyone who isn't in the industry? Check the post right before mine.
It's very prevalent here.
for good reason, oil and gas companies are terrible for the environment and they produce a good people have to buy regardless of the price.
Its like garbage men, cops, or tow truck drivers - in a perfect world, we wouldn't need it.
and I come at it not terribly biased against the industry, I actually stand to inherit a good bit of XOM in a few years. I want it to do well.
Posted on 1/5/15 at 6:13 pm to magildachunks
The O&G industry isn't made up entirely of operators, maintenance workers, and manual laborers with very little education beyond a HS degree like this board tends to believe it is. Big O&G for engineers, finance/accounting, IT, & law is extremely competitive.
Posted on 1/5/15 at 6:13 pm to Hawkeye95
quote:
for good reason, oil and gas companies are terrible for the environment and they produce a good people have to buy regardless of the price.
It all comes out in the wash...20 years of record low prices followed by about 10 years of higher prices with one spike of crazy high prices.
quote:
Its like garbage men, cops, or tow truck drivers - in a perfect world, we wouldn't need it.
In a fairy tale world.
Posted on 1/5/15 at 6:15 pm to Hawkeye95
quote:That's classic
Its like garbage men, cops, or tow truck drivers - in a perfect world, we wouldn't need it
Posted on 1/5/15 at 6:16 pm to Louie T
quote:
engineers,
quote:
law
Over saturated market for these anyway. Their fault for going into the fields.
quote:
finance/accounting
Will probably be able to find work in another sector fairly easily.
quote:
IT
Same as F/A. They will most likely be fine as their skills are not tied to oil and gas specific things.
Posted on 1/5/15 at 6:17 pm to cwill
quote:
It all comes out in the wash...20 years of record low prices followed by about 10 years of higher prices with one spike of crazy high prices.
sure, but its still annoying. i think gas has an incredible utility even at $4/gallon.
And oil and gas workers are horrible to interact with, not as bad as teachers or nurses but frick they are annoying. At least my friends that work in the industry - "we aren't bad for the environment" yeah, bitch you are.
Posted on 1/5/15 at 6:21 pm to magildachunks
quote:
magildachunks
you get it...as it has been said before...if people in this field were diversified in their skills, they wouldn't have as many issues...they threw all their eggs in one basket (not all, but a lot)
Posted on 1/5/15 at 6:23 pm to America
It's not just roughnecks who are going to loose their jobs.
The good news is that if you're working hard and getting it done, you'll probably make the cut.
The good news is that if you're working hard and getting it done, you'll probably make the cut.
Posted on 1/5/15 at 6:27 pm to DownshiftAndFloorIt
quote:
The good news is that if you're working hard and getting it done, you'll probably make the cut.
this, just like in every field.
Posted on 1/5/15 at 6:28 pm to America
as prices go down does it takes less people to drill, produce, refine & the oil?
I guess the fleet of trucks that I have to work with gas prices down, I profit and oil field workers don't make as much money? But when prices go up you make more money and i make less...
so its oil field workers vs anyone that uses a vehical to make a living that is quite the pickle you have.
I guess the fleet of trucks that I have to work with gas prices down, I profit and oil field workers don't make as much money? But when prices go up you make more money and i make less...
so its oil field workers vs anyone that uses a vehical to make a living that is quite the pickle you have.
This post was edited on 1/5/15 at 6:32 pm
Posted on 1/5/15 at 6:29 pm to Cracker
There's a wholeeeee lot more to the industry than that. You know that.
Posted on 1/5/15 at 6:31 pm to DownshiftAndFloorIt
Yeah I'm not at all concerned about my job because I'm good at what I do
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