- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Oil/Gas & Coal Businesses
Posted on 11/9/16 at 9:51 am
Posted on 11/9/16 at 9:51 am
Should there be tempered optimism that these industries will be rejuvenated, or should we expect a real resurgence in the immediate future?
Personally interested, as I finance mining, construction, AG equipment in Kentucky and West Virginia.
Personally interested, as I finance mining, construction, AG equipment in Kentucky and West Virginia.
12
Posted on 11/9/16 at 9:53 am to CoachDon
Why? Are the oil and natural gas gluts suddenly going to disappear?
Posted on 11/9/16 at 9:53 am to CoachDon
I think oil business will be reliant on market prices that are out of our control. Don't see how this election will change any of that.
Posted on 11/9/16 at 9:53 am to CoachDon
quote:
tempered optimism
that one
more optimism for coal than O&G for sure
I suppose I could be wrong, but if I am can someone explain?
Posted on 11/9/16 at 9:54 am to CoachDon
There seems to be a profound misunderstanding of basic economics on here. The price of oil has nothing to do with who is president.
Posted on 11/9/16 at 9:54 am to TigerGman
Coal industry is happy as hell.
Hillary had them as target #1 in fossil fuel industry. She was caught on video claiming she was going to use her strap on, on them.
Hillary had them as target #1 in fossil fuel industry. She was caught on video claiming she was going to use her strap on, on them.
Posted on 11/9/16 at 9:54 am to CoachDon
Honestly, you should probably get out of coal 
I know he's said he's going to fight for it, but there's not much he can really do.
I know he's said he's going to fight for it, but there's not much he can really do.
Posted on 11/9/16 at 9:58 am to GREENHEAD22
quote:
There seems to be a profound misunderstanding of basic economics on here. The price of oil has nothing to do with who is president.
Yeah, unless OPEC decides to cut production, this $45/bbl ain't gonna put any roughnecks back to work.
Posted on 11/9/16 at 10:00 am to CoachDon
The regulatory environment that would hold up projects that had already been permitted for political reasons should change, we will see how that affects things, and if we get to export LNG finally.
Posted on 11/9/16 at 10:00 am to CoachDon
Coal really is not going to come back in any real fashion.
Posted on 11/9/16 at 10:00 am to TheCaterpillar
Well you now have a POTUS and a White House /Various Fed Depts. that will not seek to vilify the industry.
Trump might not be a good friend of fossil fuels but he is definitely not an enemy.
Pipeline will be built that's a win
Trump might not be a good friend of fossil fuels but he is definitely not an enemy.
Pipeline will be built that's a win
Posted on 11/9/16 at 10:01 am to upgrayedd
The President could put a $10/barrell tariff on imported oil. That would increase the domestic price from $50 too $60 overnight. It would cost us another 20c per gallon at the pump, and it would eliminate 30 percent of our trade deficit while putting another 500,000 Americans to work. So, there's that.
Posted on 11/9/16 at 10:01 am to upgrayedd
Coals biggest enemy is Nat gas. Its simply too cheap and easy compared to coal.
This post was edited on 11/9/16 at 10:05 am
Posted on 11/9/16 at 10:03 am to TheCaterpillar
quote:
Honestly, you should probably get out of coal
Not in it per se, but supply the mining businesses. There are some folks still turning out some huge tonnage each month. However, it is only a handful of mining companies compared to upwards of @ 65 or so less than 10 years ago.
Posted on 11/9/16 at 10:03 am to CoachDon
The problem for coal is cheap natural gas. That isn't going to change any time soon.
Oil is and will remain dependent on world markets. As long as oil is cheap, the oil industry will not be "rejuvenated" unless they find a way to get it out of the ground more cheaply or otherwise bring down the cost of production.
There's nothing about the election results that will have any noticeable impact on either.
Oil is and will remain dependent on world markets. As long as oil is cheap, the oil industry will not be "rejuvenated" unless they find a way to get it out of the ground more cheaply or otherwise bring down the cost of production.
There's nothing about the election results that will have any noticeable impact on either.
Posted on 11/9/16 at 10:04 am to GREENHEAD22
quote:So the US President and his/her policies and implementation have zero affect on oil prices?
The price of oil has nothing to do with who is president.
Posted on 11/9/16 at 10:04 am to CoachDon
quote:
Should there be tempered optimism that these industries will be rejuvenated, or should we expect a real resurgence in the immediate future?
The biggest thing about Trump winning is the stop on additional, crippling regulatory and environmental regulations and the hope that some existing regulations will be lessened or removed. You're not going to see a sudden surge in productivity since that is more economic driven, but removing, reducing and halting regulations will trickle down to contribute to long term industry stability.
Posted on 11/9/16 at 10:05 am to BiggerBear
quote:
The problem for coal is cheap natural gas. That isn't going to change any time soon.
This.
Coal might not have an enemy now and will survive a little bit longer, but the trends are not good regardless of who POTUS is.
Posted on 11/9/16 at 10:06 am to No Colors
quote:
The President could put a $10/barrell tariff on imported oil. That would increase the domestic price from $50 too $60 overnight. It would cost us another 20c per gallon at the pump, and it would eliminate 30 percent of our trade deficit while putting another 500,000 Americans to work. So, there's that.
Please explain.
Posted on 11/9/16 at 10:10 am to CoachDon
quote:
I finance mining, construction, AG equipment in Kentucky and West Virginia.
and you came here for financial advice?
good luck in your next job.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News