Originally posted by The_Tick
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How much is gas where you're at?
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If this is true my FIL is supremely unlucky. He has been involved with small exploration companies eager to give employees a ton of stock options. The first time he hoarded stock was right around 2007-8, and the crash delayed his plans for early retirement. He is doing the same thing now, where he is comfortable enough with a small salary and the promise of huge dividends right around the corner. I really hope this time his retirement plans don't hinge too much on the near future..."...you pointy-headed autopsy nerd. Do you think it's possible for you to post without using words like "hilarious," "absurd," "canard," and "truther"? Your bare assertions do not make it so. Maybe your reasoning is too stunted and your vocabulary is too limited to go without these epithets."
"You are an intemperate, unscientific poster who makes light of very serious matters.”
- SeattleUte
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I don't live there, but it's around 2.60 in L.A. Oil is trading in the 30s right now. I guess they're having another problem at the refinery!
unfortunately there's a spillover of SoCal's high prices into Vegas and Southern Utah. In St. George, it's around 2.15. In New York City, 1.90.Part of it is based on academic grounds. Among major conferences, the Pac-10 is the best academically, largely because of Stanford, Cal and UCLA. “Colorado is on a par with Oregon,” he said. “Utah isn’t even in the picture.”
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Yep. I have an interview today with a (gulp) law firm. The pay for Houston firms is great, and there are tons of private equity folks looking to buy low.Originally posted by The_Tick View PostAnd he is 100% correct.
For anyone working in oil/gas...there is about to be a bloodbath.Jesus wants me for a sunbeam.
"Cog dis is a bitch." -James Patterson
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We've already seen most of the bloodbath filter through the oil field service and upstream companies. It's starting to hit refineries now. The only places in energy doing okay seem to be trading firms.Originally posted by The_Tick View PostAnd he is 100% correct.
For anyone working in oil/gas...there is about to be a bloodbath.
It's like the perfect storm. skyrocketing production from fracking, China's slowdown, Iranian oil about to hit the market, Saudi Arabias decision to not cut production, etc."Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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Upstream is about to take a beating. You guys might be in decent shape, but smaller independents are hosed--especially once their hedges are done.Originally posted by Moliere View PostWe've already seen most of the bloodbath filter through the oil field service and upstream companies. It's starting to hit refineries now. The only places in energy doing okay seem to be trading firms.
It's like the perfect storm. skyrocketing production from fracking, China's slowdown, Iranian oil about to hit the market, Saudi Arabias decision to not cut production, etc.
We are at 2/3ds the employees we were 3 years ago, and my guess is that we will lose another 10% of our 2013 high this year.Jesus wants me for a sunbeam.
"Cog dis is a bitch." -James Patterson
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On the plus side, a lot more fun to drive my gas-guzzling Jeep around.
"There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
"It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
"Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster
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Crude oil doing the dead cat bounce...
"If there is one thing I am, it's always right." -Ted Nugent.
"I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
"Yet I still see wisdom in that which Uncle Ted posts." -creek.
GIVE 'EM HELL, BRIGHAM!
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All it takes is a little destabilization in the Middle East to make prices soar..."Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
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Originally posted by Moliere View PostAll it takes is a little destabilization in the Middle East to make prices soar...
"If there is one thing I am, it's always right." -Ted Nugent.
"I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
"Yet I still see wisdom in that which Uncle Ted posts." -creek.
GIVE 'EM HELL, BRIGHAM!
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"Wuap's "problem" is that he is smart & principled & committed to a moral course of action. His actions are supposed to reflect his ethical code.
The rest of us rarely bother to think about our actions." --Solon
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$1.77"There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
"It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
"Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster
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