Started By
Message

Oil is back in a bear market

Posted on 11/9/18 at 3:03 pm
Posted by Jim Rockford
Member since May 2011
98128 posts
Posted on 11/9/18 at 3:03 pm
LINK

Your oilfield honey will have to make do with less oilfield money
Posted by BuckyCheese
Member since Jan 2015
48792 posts
Posted on 11/9/18 at 3:05 pm to
Trucks Nuts market also down on heavy trading.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 11/9/18 at 3:06 pm to
LOL. I see this every time Oil has a down market day. But we're still rolling along quite nicely in Upstream/Midstream ops.
Posted by el Gaucho
He/They
Member since Dec 2010
52908 posts
Posted on 11/9/18 at 3:06 pm to
I’m sure the betas on here will celebrate saving a few cents at the pump meanwhile we got guys out here worried about missing house and boat payments
Posted by AUCE05
Member since Dec 2009
42557 posts
Posted on 11/9/18 at 3:07 pm to
Lots of trailer notes in trouble.
Posted by GumboPot
Member since Mar 2009
118636 posts
Posted on 11/9/18 at 3:07 pm to
The sweet spot for crude is $70/bbl. Everyone is happy at that point. Cheap gas. Producers not grumpy. Refiners happy.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47575 posts
Posted on 11/9/18 at 3:07 pm to
Time to start cruising craigslist for a new boat.

This post was edited on 11/9/18 at 3:30 pm
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15165 posts
Posted on 11/9/18 at 3:07 pm to
quote:

Your oilfield honey will have to make do with less oilfield money


Do you even LNG, bro?
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 11/9/18 at 3:09 pm to
quote:

betas
quote:

house and boat payments


Only betas make payments
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 11/9/18 at 3:14 pm to
quote:

The sweet spot for crude is $70/bbl. Everyone is happy at that point. Cheap gas. Producers not grumpy. Refiners happy.


Yeah whatever the sweet spot it is, we just need it to be stable. Not people f-ing with prices to make up for loses somewhere else.

We really need to get back to fundamentals. Stock market up and downs in todays "real-time" tech world has really thrown things off.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65617 posts
Posted on 11/9/18 at 3:15 pm to

I'ts not too late for many of you to learn HVAC, welding or go to nursing school.
Posted by idlewatcher
County Jail
Member since Jan 2012
78893 posts
Posted on 11/9/18 at 3:16 pm to
quote:

LOL. I see this every time Oil has a down market day. But we're still rolling along quite nicely in Upstream/Midstream ops.


-$15 sheckles in 2 months though baw
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 11/9/18 at 3:16 pm to
I'd actually like to learn welding just to fix shite around my house and property.
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15165 posts
Posted on 11/9/18 at 3:18 pm to
quote:

I'ts not too late for many of you to learn HVAC, welding or go to nursing school.


Or just get an industrial construction management degree
Posted by Tiny Rick
In a vat in the garage
Member since Jan 2016
1517 posts
Posted on 11/9/18 at 3:18 pm to
Still money left over since they were smart and financed those F250s over 96-120 months baw!
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 11/9/18 at 3:19 pm to
quote:

worried about missing house and boat payments






dear god, not the boat payments!
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118893 posts
Posted on 11/9/18 at 3:19 pm to
$2.50 a gallon is plenty, everyone in O&G getting rich.
Posted by magildachunks
Member since Oct 2006
32479 posts
Posted on 11/9/18 at 3:21 pm to
quote:

dear god, not the boat payments!




After having the Sea-Doo repossessed in the last down tick, the boats all these baws have left for water play.

Now what they gonna launch at the public launch?
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 11/9/18 at 3:25 pm to
quote:

-$15 sheckles in 2 months though baw



IOW its doing what commodities do.
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15165 posts
Posted on 11/9/18 at 3:26 pm to
quote:

After having the Sea-Doo repossessed in the last down tick, the boats all these baws have left for water play.

Now what they gonna launch at the public launch?


Na, O&G baws have their center consoles and Gator Tails
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram