Big Thank You to all the guys in the oil fields
- Thread starter KAWGRN
- Start date
Don't thank us. Thank the gasoline junkies and the frackers.
I love my job and I'm proud to be a part of the ConocoPhillips team. They truly do it the right way.
I love my job and I'm proud to be a part of the ConocoPhillips team. They truly do it the right way.
Get a critical position in oil/gas industry and your set. Never have to worry about the price of oil again and loosing your job.
Thanks for the thread KAWGRN
I have lived and worked in the oil fields of ND many times. Williston, Ray, Ross, Robinson Lake, Mandan, Beulah, Tioga. What ticks me off is why we as a country have to bail out the rest of the world. Why can't some other country's help out and send their best and brightest to fight and die like we do?
We should not be the 911 of the world.
Rant over.
I have lived and worked in the oil fields of ND many times. Williston, Ray, Ross, Robinson Lake, Mandan, Beulah, Tioga. What ticks me off is why we as a country have to bail out the rest of the world. Why can't some other country's help out and send their best and brightest to fight and die like we do?
We should not be the 911 of the world.
Rant over.
N
nuggetau
Well-known member
As one of the worlds biggest users and importers we do have a big influence on the price. As we(USA) produce more oil that will continue to threaten the stranglehold the Saudis (OPEC)have had on us, so they are driving the price down below what it costs to produce to get us out of the market, then when our oil fields are shut down they will say their is a shortage and the prices go thru the roof again.
Ordinarily the oil speculators (wallstreet a$$holes) are the people who drive the big swings in oil prices.
Why does it seem that only a few have this figured out? Why can't we produce/ buy oil here and from Canada for our own needs, at whatever the price needs to be creating our own supply and demand, and let the rest of the world sort out their own oil issues? Why do we continue to fund these radical *******s and create more hate in doing so?
Canada would gladly sell you all the oil you want..... Unfortunately world governments wouldn't deny the fact that they attack other countries for oil if we didn't share nicely with everyone. "Its not all about the oil" is there stance now, but when you cripple countries or slow them down financially so they can't fund the hell out of there armies. It is a market correction. Prices for services and wages are getting out of hand,(I am an employer) and every slowdown weeds out the weak, companies and employees. This isn't a crash, not yet. $20-$30/bbl would be a crash like the 80's.
Now recite the roughneck prayer and hope for the best.
"Lord, please give us another oil boom, I promise I won't piss it away like I did that last 3.........."
Now recite the roughneck prayer and hope for the best.
"Lord, please give us another oil boom, I promise I won't piss it away like I did that last 3.........."
G
geo
Well-known member
USA has always controlled the price of oil. It's traded in American dollars for a reason.
Texas and the Ewings lol. Wars and oil are the big money makers in the worlds economy.
When I was a bit younger I quit school to go racing 'cause the world was going to run out of oil by the mid eighty's. Prices went up lol and they've done the cycle a few times. Never has it ever been a true supply and demand situation.
IMO it has always just been a well run business by people with way too much money so they like the control part the most. Besides the refineries are making more money now lol.
There has always been plenty of oil and we were kind of led to consume it in large amounts because of what was offered in oil burning products. Big cars and trucks, lot's of heat, adds to prove that 250cc's are for girls lol.
Finally EPA, global warming, price point for the regular joe, etc. is slowing the world consumption. We have been taken to the limits at the present.
This is at the same time that more crude is available than at anytime in the past. "Let's get it out and into a pipeline as fast as possible no matter the cost" lol.
Perfect plan at a perfect time politically. Funny eh.
This crude price reduction has nothing to do with OPEC IMO. They have a 40% advantage in costs. They make money no matter what the quantity and how much money do you really need. In the short run.
IMO this is a world war with money. The American dollar has always been a target but more so recently because it has been the world currency like almost forever. Other economies are growing and getting cocky. Maybe even getting together to plan to take down the biggest.
This crude price reduction will bring Russia to it's knees and they'll have to bow to political pressure. Other oil producing countries will feel the pressure too. Because there is really only two sides in this war and world politics, it's a great battle plan.
Even Canada's patch is part of the attack plan. It`s not because the loonie or Canada is a threat but because the money invested in our patch is from the "other guys". Besides the lack of profit thing at lower prices, the much discussed pipeline to Texas has politically gone from "benefit to the American consumer" to "this only benefits the Canadian suppliers" in the last 12 months also.
It's not a attack on the neighbor. We'll feel it but we'll survive. It's an attack on the investors that have shoveled money in so quickly in the last few years. They aren't Canadians.
When this battle plan comes to the end, the players will buy up the producers at 50 or 60 cents on the dollar and send the investors home with their tails between their legs to plan again.
The price will go back up, things will get back to normal with oil production growth, the players will sell off the investments in the production companies to new investors and continue to own 100% of the refineries in most the world.
And,,, the reason for the war,,, the American dollars rule will be stronger again. As a Canadian I say great. Been converting to US dollars all my life. Changing that to Rubels or Yen would just create math issues for me lol.
LOL, It`s not a sleddin topic but I had the time. Now I`m going sleddin `cause winter has come yeehaw!
Texas and the Ewings lol. Wars and oil are the big money makers in the worlds economy.
When I was a bit younger I quit school to go racing 'cause the world was going to run out of oil by the mid eighty's. Prices went up lol and they've done the cycle a few times. Never has it ever been a true supply and demand situation.
IMO it has always just been a well run business by people with way too much money so they like the control part the most. Besides the refineries are making more money now lol.
There has always been plenty of oil and we were kind of led to consume it in large amounts because of what was offered in oil burning products. Big cars and trucks, lot's of heat, adds to prove that 250cc's are for girls lol.
Finally EPA, global warming, price point for the regular joe, etc. is slowing the world consumption. We have been taken to the limits at the present.
This is at the same time that more crude is available than at anytime in the past. "Let's get it out and into a pipeline as fast as possible no matter the cost" lol.
Perfect plan at a perfect time politically. Funny eh.
This crude price reduction has nothing to do with OPEC IMO. They have a 40% advantage in costs. They make money no matter what the quantity and how much money do you really need. In the short run.
IMO this is a world war with money. The American dollar has always been a target but more so recently because it has been the world currency like almost forever. Other economies are growing and getting cocky. Maybe even getting together to plan to take down the biggest.
This crude price reduction will bring Russia to it's knees and they'll have to bow to political pressure. Other oil producing countries will feel the pressure too. Because there is really only two sides in this war and world politics, it's a great battle plan.
Even Canada's patch is part of the attack plan. It`s not because the loonie or Canada is a threat but because the money invested in our patch is from the "other guys". Besides the lack of profit thing at lower prices, the much discussed pipeline to Texas has politically gone from "benefit to the American consumer" to "this only benefits the Canadian suppliers" in the last 12 months also.
It's not a attack on the neighbor. We'll feel it but we'll survive. It's an attack on the investors that have shoveled money in so quickly in the last few years. They aren't Canadians.
When this battle plan comes to the end, the players will buy up the producers at 50 or 60 cents on the dollar and send the investors home with their tails between their legs to plan again.
The price will go back up, things will get back to normal with oil production growth, the players will sell off the investments in the production companies to new investors and continue to own 100% of the refineries in most the world.
And,,, the reason for the war,,, the American dollars rule will be stronger again. As a Canadian I say great. Been converting to US dollars all my life. Changing that to Rubels or Yen would just create math issues for me lol.
LOL, It`s not a sleddin topic but I had the time. Now I`m going sleddin `cause winter has come yeehaw!
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