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01-05-2015, 12:35 PM | #4696 |
"Think BOOM!"
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No.
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I think the young people enjoy it when I "get down," verbally, don't you? |
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01-05-2015, 12:36 PM | #4697 |
"Think BOOM!"
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Yeah, this isn't 2009. The paradigm has changed quite a bit. I think a lot of it depends on our shale E&P at these prices.
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I think the young people enjoy it when I "get down," verbally, don't you? |
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01-05-2015, 12:41 PM | #4698 |
"You like to drink?"
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Give me $5,000 and I promise I'll turn it into $6,800 in three years.
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01-05-2015, 01:08 PM | #4699 |
Supporter
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01-05-2015, 02:27 PM | #4700 |
Politically Incorrect
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All of you suddenly thinking you either understand or want to gamble with options on futures because you think oil is going back to $70, $80, $90 or higher are all going to lose all your money. Oil is going to stay low for at least the next 2-3 years unless there is a nuclear war. Save your money.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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01-05-2015, 04:23 PM | #4701 |
I'm with the banned.
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
I was visiting in Texas over the holidays. Had lunch with a buddy who moved down there a while ago. He gave up a nice salary at a large oil company to work for a startup where he was offered a considerably smaller salary and an equity position. Unfortunately for him, if this trend holds, his company may not survive.
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01-05-2015, 06:30 PM | #4702 |
(Sir/Yes Sir/Aye Aye Sir)
Join Date: Oct 2009
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Any updates/suggestions for where folks in KC can go to purchase fuel "in bulk"? I'm ready to drop some coin on the concept and bank that fuel is at its lowest.
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01-06-2015, 08:41 AM | #4703 |
"Think BOOM!"
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Pushed through $50.00, now at $48.74
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I think the young people enjoy it when I "get down," verbally, don't you? |
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01-06-2015, 10:17 AM | #4704 | |
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Quote:
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01-06-2015, 11:39 AM | #4705 |
11-5, baby
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01-06-2015, 11:43 AM | #4706 |
Resident Glue Sniffer
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I'm sure gas will somehow find a way to creep back to north of $2.75. hell, a fart in the wrong direction drives the price up.
but I"ll enjoy it while it lasts.
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01-06-2015, 11:52 AM | #4707 | |
11-5, baby
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Quote:
http://www.nbcnews.com/news/world/am...flight-n154706 |
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01-06-2015, 12:21 PM | #4708 | |
Supporter
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Quote:
We just locked in a sub 2.00 price for the rest of this year with MFA. This means that MFA has enough confidence that the downward trend will continue that they agreed to this. They wouldn't have agreed to it if they didn't think they where going to make money. So for the near future, I dont see it rising. |
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01-06-2015, 12:33 PM | #4709 |
Politically Incorrect
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Look for oil to bottom out around the $35-40 level in the not too distant future. Several drilling projects that have large reserves are about to come online and that is only going to add to the glut.
Also, Russia is pumping the shit out of their wells to raise as much capital as possible to make up the large deficits they face.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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01-06-2015, 04:28 PM | #4710 |
"Think BOOM!"
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That was true when global spare capacity was, to be blunt, at scary levels. That really isn't the case any more. I think it's likely that we'll see our export ban lifted within a year, too.
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I think the young people enjoy it when I "get down," verbally, don't you? |
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