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re: Who else is loving these gas prices?
Posted on 10/19/14 at 2:48 pm to KSGamecock
Posted on 10/19/14 at 2:48 pm to KSGamecock
It's squeezing their margins and an incentive to stop expanding production so much. I don't think the oil companies like it.
This is all about fricking Iran and slowing down US/Canada production mostly through fracking. At least we aren't in places that don't use the dollar. It's getting more expensive for the vulnerable Chinese and Eurozone economies. My worry is another global dip that undercuts our slow but decent recovery.
This is all about fricking Iran and slowing down US/Canada production mostly through fracking. At least we aren't in places that don't use the dollar. It's getting more expensive for the vulnerable Chinese and Eurozone economies. My worry is another global dip that undercuts our slow but decent recovery.
1
Posted on 10/19/14 at 2:50 pm to Duke
quote:
This is all about fricking Iran and slowing down US/Canada production mostly through fracking.
That's how I see it as well. This plunge is temporary.
Posted on 10/19/14 at 3:29 pm to KSGamecock
Which of this newer wave of O&G producers that have gone public in the last couple years do you see going tits up in the short run?
I need to place some short bets.
I need to place some short bets.
Posted on 10/19/14 at 3:47 pm to CtotheVrzrbck
If I only knew 
Posted on 10/19/14 at 4:28 pm to deltaland
4.45 in Kauai
Posted on 10/19/14 at 4:34 pm to olemc999
Ah man you burned your 3000th post.
Posted on 10/19/14 at 10:16 pm to KSGamecock
One day this planet is gonna implode and look like a raisin.
Posted on 10/19/14 at 10:17 pm to Pavoloco83
Raisins taste good.
Posted on 10/19/14 at 11:44 pm to deltaland
I think I got if for 2.97 in Oxford on Friday
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