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Will rising gas prices . . .
#8206805
03/18/21 05:20 PM
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Joined: Feb 2005
Posts: 5,095
FamousAmos
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Feb 2005
Posts: 5,095 |
. . . revive the oil field job market?
“And what does the Lord require of you? To act justly, to love mercy, and to walk humbly with your God.” Micah 6:8
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206807
03/18/21 05:23 PM
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Joined: Aug 2016
Posts: 8,318
Herbie Hancock
THF Trophy Hunter
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THF Trophy Hunter
Joined: Aug 2016
Posts: 8,318 |
Hopefully, but I still haven't heard/seen any need for landman for fieldwork.
It takes beer to make thirst worthwhile - J. Fred Schmidt
The internet is an I.Q. Test, people post their scores in the comment section.
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206813
03/18/21 05:26 PM
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Joined: Mar 2010
Posts: 12,227
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 12,227 |
Nope, Slow Joe is setting the country up to be dependent on the Middle East for oil.
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206833
03/18/21 05:42 PM
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Joined: Nov 2005
Posts: 10,638
Greg
THF Celebrity
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THF Celebrity
Joined: Nov 2005
Posts: 10,638 |
Bunch of crap IMHO. Yesterday “they” said the rising prices were because of the cold spell we had last month. Ha. I’m not buying that at all. Gas was $1.57 a gal back on Nov 15th. This rise is due to Biden’s policies and making us dependent on foreign oil again. And it sucks.
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206839
03/18/21 05:44 PM
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Joined: May 2011
Posts: 28,031
skinnerback
THF Celebrity Chef
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THF Celebrity Chef
Joined: May 2011
Posts: 28,031 |
It doesn't look like it, especially after biden suspended all new drilling permits in the Gulf of Mexico, which is where I normally make my living.
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206841
03/18/21 05:45 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I will never get in my afternoon nap with great new threads such as this.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Will rising gas prices . . .
[Re: skinnerback]
#8206871
03/18/21 06:02 PM
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Joined: Mar 2019
Posts: 19,143
TCM3
THF Celebrity
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THF Celebrity
Joined: Mar 2019
Posts: 19,143 |
It doesn't look like it, especially after biden suspended all new drilling permits in the Gulf of Mexico, which is where I normally make my living. Learn to code, come on man!
Do not forget to entertain strangers, For by so doing some have unwittingly entertained angels Hebrews 13:2 (R-TX)
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206920
03/18/21 06:37 PM
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Joined: Nov 2006
Posts: 14,033
John2
THF Celebrity
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THF Celebrity
Joined: Nov 2006
Posts: 14,033 |
Giving all that money away and feeding the 3,000 + children a month that are coming across the border depleting the surplus money in the treasury they have to replinish it.Just wait for his next few tricks coming shortly !.
Not all those that wander are lost..
Back The Men in Blue that wears a badge
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206922
03/18/21 06:38 PM
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Joined: Nov 2017
Posts: 19,302
Biscuit
THF Celebrity
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THF Celebrity
Joined: Nov 2017
Posts: 19,302 |
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206930
03/18/21 06:41 PM
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Joined: Aug 2010
Posts: 60,296
stxranchman
Obie Juan Kenobi
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Obie Juan Kenobi
Joined: Aug 2010
Posts: 60,296 |
Not yet with oil prices on a roller coaster ride....right now it is down $4.60/bbl today and been dropping all day.
Are idiots multiplying faster than normal people?
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206950
03/18/21 06:53 PM
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Joined: Jan 2006
Posts: 22,268
7mag
THF Celebrity
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THF Celebrity
Joined: Jan 2006
Posts: 22,268 |
No oil and gas stuff going on here the Middle East production Capital of the world called the Permian Basin. Gas prices are soaring though along with the fracking earthquakes almost on a daily basis.
"Laugh with many, but don't trust any"
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206952
03/18/21 06:55 PM
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Joined: Sep 2004
Posts: 10,854
DannyB
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 10,854 |
Some economists are suggesting a surge in gas needs soon as people spend their stimulus, plus summer driving. However, it has also been suggested that without further stimulus that there is still a huge number of people unemployed/under employed. There were jobs lost that aren't coming back, at least soon. So...the point was a higher need for gas for a short period of time and then back to a lower demand. The fall in price today was reported as a supply/demand issue. https://www.zerohedge.com/energy/oil-tumbles-inventories-jump-eu-demand-hope-fadesOld fool in charge supposedly cancelled a lease sale in Louisiana. The article isn't all that clear to me. It sounds like it may not be a done deal, killing the sale, yet. The LA governor is working on it. https://www.wnd.com/2021/03/biden-c...tting-louisiana-oil-gas-industry-danger/
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8206978
03/18/21 07:21 PM
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Joined: Jul 2010
Posts: 517
cephus
Tracker
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Tracker
Joined: Jul 2010
Posts: 517 |
Some will come back but not all. Unlike the previous downturn, the name of the game for E&Ps is no longer production growth at all costs while wall street or PEs pump money into them. Now, they are being rewarded to operate within their own cash flows. This requires lower production which in turn, means lower head count.
~Nov 19, US peak production was around ~13 million barrels/day. We'll most likely settle (and stay flat for some time) around 10-11 million barrels/day. Not to mention permian has a take away capacity of 15 million barrels/day so a lot of the major midstream work will also take a hit, unlike the previous few years.
Last edited by cephus; 03/18/21 07:24 PM.
You may not be interested in war, but war is interested in you.
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Re: Will rising gas prices . . .
[Re: 7mag]
#8207079
03/18/21 09:41 PM
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Joined: Jun 2015
Posts: 5,923
Jgraider
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,923 |
No oil and gas stuff going on here the Middle East production Capital of the world called the Permian Basin. Gas prices are soaring though along with the fracking earthquakes almost on a daily basis. There are over 200 drilling rigs running in the Permian Basin, on the Texas side right now. That's a far cry from where it was a year ago, but hardly "no oil and gas stuff going on".
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Re: Will rising gas prices . . .
[Re: Jgraider]
#8207082
03/18/21 09:44 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
No oil and gas stuff going on here the Middle East production Capital of the world called the Permian Basin. Gas prices are soaring though along with the fracking earthquakes almost on a daily basis. There are over 200 drilling rigs running in the Permian Basin, on the Texas side right now. That's a far cry from where it was a year ago, but hardly "no oil and gas stuff going on". Well said.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8207128
03/18/21 10:31 PM
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Joined: Nov 2013
Posts: 6,113
soooo
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2013
Posts: 6,113 |
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8207447
03/19/21 03:54 AM
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Joined: Oct 2012
Posts: 29,615
Sneaky
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 29,615 |
It’s picking up. We’ll see just how far it goes, but we do have some breathing room, at the moment.
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Re: Will rising gas prices . . .
[Re: Sneaky]
#8207454
03/19/21 04:00 AM
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Joined: Jul 2015
Posts: 23,179
Bee'z
The Beedazzler
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The Beedazzler
Joined: Jul 2015
Posts: 23,179 |
It’s picking up. We’ll see just how far it goes, but we do have some breathing room, at the moment. Ole joe will find a way to [censored] this up. Just give him and the handlers a moment. Gas will still rise and we will not see any improvement on that front thanks to Joe.
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8207456
03/19/21 04:01 AM
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Joined: Jul 2015
Posts: 23,179
Bee'z
The Beedazzler
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The Beedazzler
Joined: Jul 2015
Posts: 23,179 |
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8207473
03/19/21 04:42 AM
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Joined: Oct 2012
Posts: 29,615
Sneaky
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 29,615 |
That’s what I’m afraid of. The negative without the positive.
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Re: Will rising gas prices . . .
[Re: ntxtrapper]
#8207585
03/19/21 12:46 PM
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Joined: Feb 2008
Posts: 14,143
glens
THF Celebrity
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THF Celebrity
Joined: Feb 2008
Posts: 14,143 |
Nope, Slow Joe is setting the country up to be dependent on the Middle East for oil. This.
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Re: Will rising gas prices . . .
[Re: DannyB]
#8207589
03/19/21 12:49 PM
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Joined: Feb 2008
Posts: 14,143
glens
THF Celebrity
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THF Celebrity
Joined: Feb 2008
Posts: 14,143 |
After a few Appeals, It'll head to the Supreme Court and they will look the other way. After Trump, the Balls have fallen off!
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Re: Will rising gas prices . . .
[Re: FamousAmos]
#8207759
03/19/21 03:10 PM
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Joined: Apr 2008
Posts: 4,554
TPACK
Extreme Tracker
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Extreme Tracker
Joined: Apr 2008
Posts: 4,554 |
Rig count was 351 on 1-1-2021 and 402 this week. That`s a 51 rig increase this year, but almost none for the last 4 weeks. Oil and Gas is an unpopular investment in the US thanks the the Liberals.
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