Topic: Frackers Could Start Shutting Down/Layoffs
started by: alcitizens
Posted by alcitizens on Nov. 05 2014,11:57 pm
The Saudis' unexpected move on Monday to cut prices to the U.S., aimed at protecting their market share thereThe prime motivator for the Saudis is to compete against U.S. shale oil.
< http://news.yahoo.com/opec-sh...ce.html >
Posted by Self-Banished on Nov. 06 2014,4:41 am
< http://www.zerohedge.com/news...-arabia >This is a very dangerous game, I hate it when politicians get involved and try to mess with the natural order of business.
Posted by MADDOG on Nov. 06 2014,8:41 am
Gasoline price dropped .10 gallon overnight here. 
Posted by Self-Banished on Nov. 06 2014,2:00 pm
(MADDOG @ Nov. 06 2014,8:41 am)
QUOTE
Gasoline price dropped .10 gallon overnight here.
Well gas dropping is a good thing, maybe we'll start coming out of this "economic recovery" we've been in.
Posted by alcitizens on Nov. 07 2014,7:35 pm
As Oil Plunges Further, Why It Might Be 'Game Over' For The Fracking Boom< http://www.forbes.com/sites...ng-boom >
The average U.S. Oil Fracker needs $85 per barrel to break even.. Current price is about $77..
Posted by alcitizens on Nov. 07 2014,10:13 pm
I wonder why nobody is bitching about Saudi Arabia flooding the US with cheap oil to put US oil companies out of business.. 
Reminds me of China doing the same thing with many other products..
Its good for our economy, for now..
Start investing quickly with as much as you can afford into Large Cap Oil Companies..
25% small cap 75% large cap ETF's
Posted by Self-Banished on Nov. 13 2014,7:26 am
Wow, $76 a barrel this am, I'm sure Alky will be singing Buster's praises 
Posted by alcitizens on Nov. 13 2014,8:14 am
Word is going around that the US and Saudi Arabia are trying to put pressure on Iran with low oil prices to get them to give up their nuke program..
Posted by Self-Banished on Nov. 13 2014,8:37 am
^^^yeah maybe but the Middle East has survived $35 to &$40 per barrel before.
Posted by alcitizens on Nov. 13 2014,8:53 am
(Self-Banished @ Nov. 13 2014,8:37 am)
QUOTE
^^^yeah maybe but the Middle East has survived $35 to &$40 per barrel before.
Please tell me when oil was $35 to $40 per barrel..
Sanctions that restrict any oil sales have wrecked Iran's oil based economy and created major inflation..
The little oil they do sell on the black market is now not profitable..
You can compare US Frackers with Iran.. Not good..
Posted by Self-Banished on Nov. 13 2014,10:55 am
I just transloaded two loads of Chinese pipe a couple a days ago with plenty more coming. I guess we'll see.Last time oil was $40 a barrel is when your buddy GW was in office.
Posted by alcitizens on Nov. 13 2014,1:07 pm
Do you pound your head into solid concrete for the fun of it? You need to quit doing that..
Posted by Self-Banished on Nov. 13 2014,1:39 pm
Merely stating facts 
Posted by alcitizens on Nov. 14 2014,1:46 am
(Self-Banished @ Nov. 13 2014,10:55 am)
QUOTE
Last time oil was $40 a barrel is when your buddy GW was in office.
11 years ago..
Gold was under $400 per ounce 11 years ago, its now over $1100..
Posted by Self-Banished on Nov. 14 2014,4:30 am
Actually about 7
Posted by alcitizens on Nov. 14 2014,5:26 am
Your chart is Out to Lunch.. 
A barrel of oil was $90.00 7 years ago.. Nasdaq 10 Year Chart as of today..
< http://www.nasdaq.com/markets/crude-oil-brent.aspx?timeframe=10y >
Posted by Self-Banished on Nov. 14 2014,7:48 am
(alcitizens @ Nov. 14 2014,5:26 am)
QUOTE
Your chart is Out to Lunch.. A barrel of oil was $90.00 7 years ago..
Nasdaq 10 Year Chart as of today..
< http://www.nasdaq.com/markets/crude-oil-brent.aspx?timeframe=10y >
A barrel of oil was $90.00 7 years ago.. Nasdaq 10 Year Chart as of today..
< http://www.nasdaq.com/markets/crude-oil-brent.aspx?timeframe=10y >
According to your chart in 2005 oil never went over about $68 and that's Brent oil, NYMEX is usually $3 to $6 cheaper.
Notice oil didn't spike to over $140 till after Buster took office, speculation then the he was going to FUOTC
Posted by alcitizens on Nov. 14 2014,8:50 am
You lose me.. Now you're in 2005, 9 years ago.. Yes $68.. Everything else you said is a crock of crap.. Do you just pull crap out of your a$$ or what?
I think you have permanent damage of the brain..
Posted by Self-Banished on Nov. 14 2014,9:08 am
Well according to your graph late 2004 oil was at $40. That's you research not mine.Did we forget the medication this morning???
Posted by alcitizens on Nov. 14 2014,2:19 pm
(Self-Banished @ Nov. 14 2014,9:08 am)
QUOTE
Well according to your graph late 2004 oil was at $40. That's you research not mine.
Did we forget the medication this morning???
Did we forget the medication this morning???
Last time Brent crude was below $40 was in July, 2004
Last time Self Banished WTI light sweet crude was below $40 was in May, 2004
Both are traded on NYMEX
I could use a shot of Tequila every time I read your posts..
Here is a 10 year chart of WTI light sweet crude oil
Posted by Self-Banished on Nov. 14 2014,2:33 pm
Oh no, drinking not the answer 
You need one those self affirmation programs, something to improve your self esteem.
Posted by alcitizens on Nov. 14 2014,3:30 pm
(Self-Banished @ Nov. 14 2014,7:48 am)
QUOTE
Notice oil didn't spike to over $140 till after Buster took office, speculation then the he was going to FUOTC
Stupid comments like yours could drive most to drink and do drugs.. Your grammar makes you look even more stupid..
You took over as the most annoying dumbass on this site over a year ago.. Now most are gone for good..
I'm sure you have a history of freaking people out with your stupidity and then they're gone.. You never think before you speak..
For the 100th time, oil hit $140 under your buddy Bush.. Obama took office in January of 2009..
Posted by Self-Banished on Nov. 14 2014,4:08 pm
You have never heard of speculation, you go through life obtuse and full of main stream media tripe,I pity you.
Posted by alcitizens on Nov. 14 2014,4:21 pm
(Self-Banished @ Nov. 14 2014,4:08 pm)
QUOTE
You have never heard of speculation, you go through life obtuse and full of main stream media tripe,
I pity you.
I pity you.
CORRECTION: You took over as the most annoying dumbass on this site over 2 years ago.. Now most are gone for good..
Posted by Self-Banished on Nov. 14 2014,4:24 pm
Really? I thought they where sick of dumbassses like you. If you have a problem, do something about it.Maddog was right, I am conversing with plankton.
Posted by alcitizens on Nov. 14 2014,6:09 pm
(Self-Banished @ Nov. 14 2014,4:24 pm)
QUOTE
dumbassses like you. If you have a problem, do something about it.
CORRECTION: You took over as the most annoying dumbass on this site over 3 years ago.. Now most are gone for good..
I have a problem with you and will do something about it.. Be careful..
Posted by Self-Banished on Nov. 14 2014,6:19 pm
Ok, I await.
Posted by irisheyes on Nov. 15 2014,1:12 am
(Self-Banished @ Nov. 14 2014,2:33 pm)
QUOTE
Oh no, drinking not the answer
You need one those self affirmation programs, something to improve your self esteem.
You need one those self affirmation programs, something to improve your self esteem.
Like this one?
< Affirmations >
^Someone should send the link to Mike McFadden, he might need some cheering up.
Posted by Self-Banished on Nov. 16 2014,5:11 am
Here"s a very good article on the successes of Buster,< http://news.investors.com/ibd-edi...ama.htm >