Oil: DONT MESS WITH TEXAS!!!
- Thread starter RedVenom48
- Start date
Drill baby drill!!!!
Nice. Anything to **** over the Saudis I'm game.
Right now demand is not up there with supply, so I hope that all these companies aren't using private equity to leverage all of their wells.
Oh wait, that's exactly what they are doing, having not learned lessons from the 80s.
Oh wait, that's exactly what they are doing, having not learned lessons from the 80s.
According to the article, it seems that the lowest price per barrel to turn a profit is $30. My guess is improvements in fracking, transportation to refineries etc have made it a different game.
Hopefully some of our oil field members will chime in on this.
Hopefully some of our oil field members will chime in on this.
Why would they?
People gotta have oil products, plain and simple, hell they could add another 50% and people would just keep on paying in...just like when the Ave price was in the mid 3 dollar range. We all bitched but we paid it
I'd sorta like to see the price of gas from 60s,70s,80s,90s, etc compared to the US dollar...I bet the rises in prices reflect both of those things
I would personally like to see gas prices back under the $2 per gallon mark. I would really like to see regular 87 sell for $1.50 or less.
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the oil business and horse racing are tied for first place in dirty deals. imo
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I love lamp
That's beautiful!!!!
I hope it brings down prices for us here in the U.S.A. as well!! (Maybe that's why the cost per barrel has been dropping?)
your post kinda proves my point. but gas is supposed to be a "supply and demand" type of thing. but it's not it has joined the ranks of the speculator. By your comment I am guessing you were not around for the gas crisis of the early 70s.
no you don't you love your hair plugs
I love my plugs!!!
word
I just filled up for 2.89..
I dont see a problem..
Not my fault you're mad you arent running around in a horse and buggy anymore old man
100% incorrect. Profits are based on contracts. Some were still making money at $19 a bbl, some were losing millions.
Some are making billions at $65 a bbl some are making millions
You aint lying
BWAHAhahahahahahahahahahahahahahahahahahah
and I just filled up for 2.12 I am surprised you don't see a problem
Gas prices is directly relative to my income... so uh yea
ok I don't get it. I know you are in the oil business but how does that translate to being ok with 2.89 a gal. while I am paying 2.12 ? I am guessing that is not regular gas you are paying that for
Where I live is Oil country USA.. population has doubled in a year due to oil.. so they raise the prices here.
2.89 is definitely regular lol
its cheaper in the teeny tiny towns.
if it was 2.12 here, oil prices would probably be lower... and when oil prices go down.. so do my bonuses haha
its $196.9 in Henderson, KY today
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