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Started By
Message
re: Prices Fall to a Six-Year Low for U.S. Oil
Posted on 3/17/15 at 6:49 am to LSU alum wannabe
Posted on 3/17/15 at 6:49 am to LSU alum wannabe
Can always buy a oil and gas ETF.
0
Posted on 3/17/15 at 6:58 am to Croacka
quote:
It is true to a degree but it is somewhat overblown around here
Somewhat? It is way overblown on here to the point that it is propaganda to scare people into paying more.
Oil could drop to $10 per barrel and it wouldn't hurt me or anyone in my family one bit. We have zero ties to anything oilfield related and everyone has stable jobs that have weathered and will weather down economies. In fact, part of my business booms in a down economy. That's why I don't fall for the whole BS people spew about prices. Let that shite bottom out. IDC.
The only thing I care about is what it does to the state but if it means we cut back some state jobs then I consider that a win as well. Louisiana has a crap load of state jobs. It's ridiculous really when you compare it to other states.
Posted on 3/17/15 at 7:02 am to stout
quote:
Louisiana has a crap load of state jobs. It's ridiculous really when you compare it to other states.
Don't get me started this early in the morning.
Posted on 3/17/15 at 7:08 am to glassman
Then I shouldn't also mention the gluttony of state universities?
Posted on 3/17/15 at 7:09 am to carhartt
quote:
Explain to me how lower oil prices is going to effect me working in a hospital
I'm going to revert back to my first degree and go take your job at the hospital.
Posted on 3/17/15 at 7:11 am to stout
quote:
Then I shouldn't also mention the gluttony of state universities?
Go on, how about the overlap of law enforcement agencies?
Posted on 3/17/15 at 7:12 am to glassman
This oil situation is tough for me
I can understand market adjustments and snicker a bit at the company men, but it freaking crushes the service companies. They become first cuts in routes to salvage bottom lines.
I can understand market adjustments and snicker a bit at the company men, but it freaking crushes the service companies. They become first cuts in routes to salvage bottom lines.
Posted on 3/17/15 at 7:16 am to Double Oh
quote:
Oil was $12 barrel back in 97
YES! Graduating high school and starting my first year at LSU, I was filling up my truck for .74 a gallon at the gas station near my parent's house. Those where the days.
Posted on 3/17/15 at 7:17 am to GREENHEAD22
quote:
You say that but if you live in LA or TX and this gets extended longer than a year you are going to feel it no matter what you do for a living.
Uh no.
Posted on 3/17/15 at 7:18 am to GREENHEAD22
quote:
You say that but if you live in LA or TX and this gets extended longer than a year you are going to feel it no matter what you do for a living.
I'm a piping designer, and no one on the engineering side of things are worried at all. This is good for the U.S. We could get into politics, too, and discuss how we're buying American oil for a change instead of funding our enemies. At worst, we could've seen a little drop off of work for some guys, but it won't be an issue that progressively gets worse. It's extremely overblown. Don't let the news station try to scare you.
Posted on 3/17/15 at 7:20 am to GREENHEAD22
quote:
W and S TX are going to. Laff and Houma already are,
Oh I thought you meant places that people give a shite about.
Posted on 3/17/15 at 7:21 am to GREENHEAD22
quote:
Whatever you say bud, yea Houston, D/FTW wont but W and S TX are going to. Laff and Houma already are, let it drag on for three years and we will see who is right.
shite, I wish. Then maybe we could get all these outsiders to stop moving here.
Posted on 3/17/15 at 7:21 am to TH03
Nice troll, 03
Posted on 3/17/15 at 7:32 am to TH03
I don't like the low oil prices but to say everyone will feel it is BS. Even in LC where we are extremely industry independent we will be fine. Sure the Sasol gtl project might get pushed some because it is tied to oil but overall the chemical plants do better with lower oil prices because feed stock prices are lower.
people need to quit saying it affects everybody blah blah fricking blah. Its a stupid narrative. Nobody that is worth a shite minds if the state cuts back except professors. LA has so much waste we need some cuts.
people need to quit saying it affects everybody blah blah fricking blah. Its a stupid narrative. Nobody that is worth a shite minds if the state cuts back except professors. LA has so much waste we need some cuts.
Posted on 3/17/15 at 7:36 am to GREENHEAD22
quick side bar question. Is the government filling up the strategic oil petro storage facilities to ultra capacity now that oil is cheap?
actually I can guess the answer. king Obama has only hurt the US will malicious intent. The answer is probably NO. I would guess he is probably having it pumped out and sent to Iran or Libya.
actually I can guess the answer. king Obama has only hurt the US will malicious intent. The answer is probably NO. I would guess he is probably having it pumped out and sent to Iran or Libya.
Posted on 3/17/15 at 7:40 am to panterica
I work in downstream chemicals as an operator and I'm not worried about this either. The sky is falling? I think not.
Posted on 3/17/15 at 7:41 am to lsu777
quote:
Sure the Sasol gtl project might get pushed some
Nah. It's good. Trust me.
Posted on 3/17/15 at 7:41 am to jeffsdad
actually I learned on the OT oil reserves are near max capacity.
too lazy too search thread though
too lazy too search thread though
Posted on 3/17/15 at 7:41 am to GREENHEAD22
quote:
You say that but if you live in LA or TX and this gets extended longer than a year you are going to feel it no matter what you do for a living.
What the hell are we supposed to do about it....we have no control on the cost.
Posted on 3/17/15 at 7:42 am to Croacka
It is getting rough put there.
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