[jjgold]

Gas will be $1.40 eventually

Something is really wrong

[DiggityDaggityDo]

[trytrytry]

the only thing wrong is way too many talented chemical engineers who can get that stuff out of the ground now at higher yields than ever, and with new technologies and refine it all so efficiently.

[JohnnyD4916]

Yep I guess it's time for me to find a new career.

[trytrytry]

Yep I guess it's time for me to find a new career.

are you a chemE?

[jjgold]

fukk

NJ it is already $1.50

[Scorpion]

the us is the biggest oil producer after saudi arabia
this is caused by massive overproduction by saudi arabia, why? to crush the US shale industry

[JohnnyD4916]

are you a chemE?

I was in the oilfield as a well tester. But there is no work now so I need to find something else might even go back to school.

[lilpete]

markets are rigged and will magically bounce back

[Booya711]

Blame the fukking Dems...saving birds and fish are more important than drilling for oil

[cashmoneyholla]

It is a penetrating disaster up here in Alberta . People losing there homes at an alarming rate . And no end in site . I do not feel to smart being in the drilling industry right now, most likely be laid off soon . Johnny where did you work ?

Holla

[jjgold]

lol at people saying it is a bottom

Those same people said it was a bottom at 70, 60, 50, 40

[The Kraken]

This is what happens when you have a President that's not in bed with the large oil producers



/thread

Thank You Obama

[blackHIPPY]

crazy here in tx rn

[d2bets]

Blame the fukking Dems...saving birds and fish are more important than drilling for oil

LOL the epitome of stupidity. We have more oil than ever. That's (part of) why prices are low. Basic supply and demand. If there was more oil, prices would be even lower.

Somehow people don't know that we are producing more domestic oil than ever.

[brooks85]

This is what happens when you have a President that's not in bed with the large oil producers



/thread

Thank You Obama

lol that other thread about who is the stupidest poster clearly has you in the zone. Bravo

[GUMMO77]

I have a lot of friends that do/did work in the oil fields in ND. The smart ones saved, but most of the guys spent the money as fast as they got it. They'd go to Vegas ever other week and we know how that usually turns out.

[floridagolfer]

If it's the goal of Saudi Arabia to crush the oil industry in the U.S. and Canada, sure looks like the strategy is working. But I'm sure Obama and Congress have a plan.

[The Kraken]

lol that other thread about who is the stupidest poster clearly has you in the zone. Bravo

I see you have forgotten the lessons I've taught you, which one do I need to remind you about?

[brooks85]

^remind me about burden of proof... lol

If it's the goal of Saudi Arabia to crush the oil industry in the U.S. and Canada, sure looks like the strategy is working. But I'm sure Obama and Congress have a plan.

lol yes, making the problem worse by strengthening Iran

[SBRMAN23]

I have a lot of friends that do/did work in the oil fields in ND. The smart ones saved, but most of the guys spent the money as fast as they got it. They'd go to Vegas ever other week and we know how that usually turns out.

i got one boy just like this its crazy that he makes 6 figures but is always broke strip clubs trips etc lmao

[chico2663]

my family is in the oil business. If you see a rig put up since 1966 good probability he made it. s.a. is trying to kill usa shale industry.i bought gas here for 1.42 the other day in houston. saudi is going bankrupt so pretty soon they will slow back production and the barrell will go up again.

[blackHIPPY]

where Opie at

[GUMMO77]

i got one boy just like this its crazy that he makes 6 figures but is always broke strip clubs trips etc lmao

At least where my friends are in Williston, ND, the strippers were making mad-cash for awhile.
http://money.cnn.com/2011/10/25/pf/A...own_strippers/

[d2bets]

So now low gas prices are a crisis? I thought that's what we wanted?

[jose21_us]

Crazy shit got gas in Ohio for $1.59

[MoMoneyMoVaughn]

Canadian dollar is barrelled in as fuk cuz of this.

Economists discussing the prospect of a ¢59 dollar.

FUCCK

[pavyracer]

Oil should be free. Why do we have to pay for gas?

[lilpete]

watching the markets is like watching cavs/warriors, the outcome is never in doubt just a few bumps along the road

[The Kraken]

^remind me about burden of proof... lol






lol yes, making the problem worse by strengthening Iran

I vaguely remember something about burden of proof in our past, but the details slip my mind

However, your lesson for today is, if you make the claim, the burden of proof is on you. So I'm sure you made a claim and couldn't back it up at which time I reminded you that the burden of proof was on you to provide evidence of your claims, not on me to disprove it.

[ACoochy]

the only thing wrong is way too many talented chemical engineers who can get that stuff out of the ground now at higher yields than ever, and with new technologies and refine it all so efficiently.

And the advancement of renewables has seen less and less demand for oil and will continie to do so.

Who needs petrol to power their vehicle when they have electricity?

[freeVICK]

Dirt cheap oil prices yet plane tickets still high as ever? Airline companies must be raking in the dough. Maybe I'll invest in some stocks?

[ACoochy]

Dirt cheap oil prices yet plane tickets still high as ever? Airline companies must be raking in the dough. Maybe I'll invest in some stocks?

Depends how you shop...

Just booked 7000miles for a tad over 300 bucks but i like the angle...

[mpaschal34]

I added some MRO and USO today to my portfolio. Will continue to add if it goes down. This is long term money, so I can afford to be patient.

[brooks85]

I vaguely remember something about burden of proof in our past, but the details slip my mind

However, your lesson for today is, if you make the claim, the burden of proof is on you. So I'm sure you made a claim and couldn't back it up at which time I reminded you that the burden of proof was on you to provide evidence of your claims, not on me to disprove it.

your memory is slipping on ya