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Oil is back in a bear market
Posted on 11/9/18 at 3:03 pm
Posted on 11/9/18 at 3:03 pm
Posted on 11/9/18 at 3:05 pm to Jim Rockford
Trucks Nuts market also down on heavy trading.
Posted on 11/9/18 at 3:06 pm to Jim Rockford
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 on 11/9/18 at 3:06 pm to Jim Rockford
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 on 11/9/18 at 3:07 pm to Jim Rockford
Lots of trailer notes in trouble.
Posted on 11/9/18 at 3:07 pm to Jim Rockford
The sweet spot for crude is $70/bbl. Everyone is happy at that point. Cheap gas. Producers not grumpy. Refiners happy.
Posted on 11/9/18 at 3:07 pm to Jim Rockford
Time to start cruising craigslist for a new boat.
This post was edited on 11/9/18 at 3:30 pm
Posted on 11/9/18 at 3:07 pm to Jim Rockford
quote:
Your oilfield honey will have to make do with less oilfield money
Do you even LNG, bro?
Posted on 11/9/18 at 3:09 pm to el Gaucho
quote:
betas
quote:
house and boat payments
Only betas make payments
Posted on 11/9/18 at 3:14 pm to GumboPot
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 on 11/9/18 at 3:15 pm to Jim Rockford
I'ts not too late for many of you to learn HVAC, welding or go to nursing school.
Posted on 11/9/18 at 3:16 pm to tigerinthebueche
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 on 11/9/18 at 3:16 pm to Sao
I'd actually like to learn welding just to fix shite around my house and property.
Posted on 11/9/18 at 3:18 pm to Sao
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 on 11/9/18 at 3:18 pm to Jim Rockford
Still money left over since they were smart and financed those F250s over 96-120 months baw!
Posted on 11/9/18 at 3:19 pm to el Gaucho
quote:
worried about missing house and boat payments
dear god, not the boat payments!
Posted on 11/9/18 at 3:19 pm to Jim Rockford
$2.50 a gallon is plenty, everyone in O&G getting rich.
Posted on 11/9/18 at 3:21 pm to Chuker
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 on 11/9/18 at 3:25 pm to idlewatcher
quote:
-$15 sheckles in 2 months though baw
IOW its doing what commodities do.
Posted on 11/9/18 at 3:26 pm to magildachunks
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
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