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re: Oil dive deepens to 12-year low; could hit $20 on China fears
Posted on 1/12/16 at 7:38 pm to TigersHuskers
Posted on 1/12/16 at 7:38 pm to TigersHuskers
Dude go be a douche in another thread, we get it, you want low gas.
Posted on 1/12/16 at 7:38 pm to 13SaintTiger
quote:
Wut. No I'm not.
quote:
. I just find it hard to believe that filling up a 15 gallon tank for $45 is optimal.
If you say so
quote:
Which is why I asked for an objective source to research what the price should be.
It is pretty common industry knowledge. Hence the layoffs and downsizing. I don't really read upstream trade info since it doesn't really concern me. Just know many people that have very in depth knowledge.
Posted on 1/12/16 at 7:40 pm to fightin tigers
Keep dropping!!! Love that cheap gas.
Posted on 1/12/16 at 7:41 pm to GeorgeTheGreek
quote:
Keep dropping!!! Love that cheap gas.
You and me both, margins are huge right now. Balling out sticking it to consumers.
Posted on 1/12/16 at 7:43 pm to fightin tigers
quote:
If you say so
Because me finding something hard to believe is justifying something or calling it to be free.
quote:
It is pretty common industry knowledge. Hence the layoffs and downsizing. I don't really read upstream trade info since it doesn't really concern me. Just know many people that have very in depth knowledge.
If you can't provide a source I'll chalk it up to word of mouth common industry knowledge, which still doesn't make it common knowledge to folks like me who aren't in the industry. I'm suppose to take your word because you get your income via O&G? Just because you are operating at a certain level and everything in your bubble is all fine and dandy does not mean things outside of the bubble are great.
Posted on 1/12/16 at 7:49 pm to 13SaintTiger
quote:
Because me finding something hard to believe is justifying something or calling it to be free.
I was reflecting that making assumptions off a belief can make you look like an assclown.
Forbes
Posted on 1/12/16 at 7:51 pm to GeorgeTheGreek
Shouldn't you be talking to fake women on Ashley Madison?
Posted on 1/12/16 at 7:57 pm to 13SaintTiger
quote:
13SaintTiger
You are fricking exhausting.
Posted on 1/12/16 at 7:59 pm to Martini
It is about to get exhausting when he finds all this information in the Forbes article, he is wetting himself with what he thinks he is learning.
This post was edited on 1/12/16 at 8:00 pm
Posted on 1/12/16 at 8:00 pm to Ed Osteen
quote:
you want low gas.
and so does most of America outside of LA.
Posted on 1/12/16 at 8:02 pm to rocket31
quote:
Morgan Stanley, among others, have warned as much
That is not their forecast though. I just read their report, and they said there are scenarios where that could happen, which is obviously possible, but they forecast it to be much higher than that even in 2016.
Posted on 1/12/16 at 8:05 pm to 13SaintTiger
quote:
Wut. No I'm not.
You want people to take you seriously?
Posted on 1/12/16 at 8:08 pm to CajunAlum Tiger Fan
Didn't mean to rustle so many jimmies
Posted on 1/12/16 at 8:09 pm to 13SaintTiger
You didn't, it is just odd that you are so adverse to being educated on the subject.
Posted on 1/12/16 at 8:21 pm to fightin tigers
I think you're being presumptuous in respect of your educating comments.
The original statement was declarative and said that there is an "optimal" price for oil and natural gas. Then, you post items talking about break-even points for various investments.
Of course, that just justifies an optimal price from the point of view of producers. The point being that "optimal" is a relative term.
The original statement was declarative and said that there is an "optimal" price for oil and natural gas. Then, you post items talking about break-even points for various investments.
Of course, that just justifies an optimal price from the point of view of producers. The point being that "optimal" is a relative term.
Posted on 1/12/16 at 8:22 pm to Mo Jeaux
quote:
Of course, that just justifies an optimal price from the point of view of producers. The point being that "optimal" is a relative term.
No doubt, optimal price is as high as possible.
The break even or profitable price is really all we are worried about. That statement is what brought my reply.
Posted on 1/12/16 at 8:30 pm to fightin tigers
Posted on 1/12/16 at 8:34 pm to fightin tigers
quote:
No doubt, optimal price is as high as possible.
Why? Perhaps the optimal price is the price at any point you're trying to determine the optimal price.
Posted on 1/12/16 at 8:38 pm to Mo Jeaux
Woah, you lost me in there. Inception-price
Supply and demand obviously would play a part. But if you are selling all you can produce top dollar is optimal.
Supply and demand obviously would play a part. But if you are selling all you can produce top dollar is optimal.
Posted on 1/12/16 at 8:42 pm to slackster
.
This post was edited on 1/13/16 at 10:14 pm
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