J.R. said:
LIB,MR BEARS said:
J.R. said:
historian said:
Trump's policy is certainly a factor in lowering gas prices: "Drill, baby, drill!" Anyone who understands supply & demand knows this.
yeah, just ask all the folks that have been laid off in the patch. Bloodbath going on. Drill baby drill my ass.
Lower your margins and feed more families
spoken like a true a true Commie! Why don't you give more away to the needy? I give $ and time.
I wish I could hook fish as easily as I hooked you with the lower margin comment. So predictable.
You're fine with taking your margin and laying folks off to protect that margin. All you're doing is paying lip service when you bemoan the oilfield workers losing jobs. It's not their employment that is a concern to you but how their lack of employment (and sub $70 WTI) impacts you.
Guess what. That's the free market. So when you struggle because WTI is below $70, that is the market.
Everyone in west Texas knows the business is cyclical. The strong survive and get bigger and better for the next boom.
When Trump campaigned with a plank of "drill baby drill", did you think WTI would not be impacted?
Get a grip. If you've positioned yourself well you'll be growing soon and sucking up all the employable roughnecks and uncapping wells while others are still selling off equipment.
Next time, try not to pretend you're concerned about others. It doesn't fit your posting history.
$53.50 is just around the corner. So is 2.09/gal