You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports...
Damn rich sod busters...I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports. And during the years that I did make bank, most of it went - into the bank. Sure I could have gone out and paid cash for a Cadillac, but I've seen many of these boom-bust cycles in my career.
I occasionally get the off-handed comment about being the rich oil guy, but my response is always- "look around town- who is driving the Mercedes, Lexus, BMW, Cadillac - not oil people but farmers". True story brotch.
Instead the oil producers have gotten Oblama to drop the 40 year oil export ban...Which includes Canadian crude.....I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports...
The rise in foreign imports? America is virtually energy self-sufficient these days, thanks in large part to independent shale producers and I have already floated the idea that we should aid the more expensive operations (tax credits, direct per barrel subsidies) as a matter of national security and our own economic well being. America's newfound oil power has proven to be good for America, most Americans and much of the non-oil producing world. That's a win-win-win.
Lifting costs (the cost to get oil out of the ground) are exponentially higher in the U.S.I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports...
The rise in foreign imports? America is virtually energy self-sufficient these days, thanks in large part to independent shale producers and I have already floated the idea that we should aid the more expensive operations (tax credits, direct per barrel subsidies) as a matter of national security and our own economic well being. America's newfound oil power has proven to be good for America, most Americans and much of the non-oil producing world. That's a win-win-win.
Technically... no. That has not yet happened.Instead the oil producers have gotten Oblama to drop the 40 year oil export ban...Which includes Canadian crude.....I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports...
The rise in foreign imports? America is virtually energy self-sufficient these days, thanks in large part to independent shale producers and I have already floated the idea that we should aid the more expensive operations (tax credits, direct per barrel subsidies) as a matter of national security and our own economic well being. America's newfound oil power has proven to be good for America, most Americans and much of the non-oil producing world. That's a win-win-win.
US agency gives quiet nod to light oil exports: SourcesTechnically... no. That has not yet happened.Instead the oil producers have gotten Oblama to drop the 40 year oil export ban...Which includes Canadian crude.....I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports...
The rise in foreign imports? America is virtually energy self-sufficient these days, thanks in large part to independent shale producers and I have already floated the idea that we should aid the more expensive operations (tax credits, direct per barrel subsidies) as a matter of national security and our own economic well being. America's newfound oil power has proven to be good for America, most Americans and much of the non-oil producing world. That's a win-win-win.
Brotch.
Lifting costs (the cost to get oil out of the ground) are exponentially higher in the U.S.I've posted this before- back when gas was $4/gallon, once a month I would go down to the local BP station and buy a tank of gas for a complete stranger. This went on for at least a year, until prices (and my income) started to soften. On several occasions, I purchased gasoline gift cards and distributed them to volunteers who deliver Meals on Wheels.You wouldn't be celebrating if you were on that losing end.The winners and losers are in! The winners? Americans who saved $14BILLION on oil products when compared to 2013 and enjoyed a fine economic bump from it. The losers are the oil producers who saw the price of their stuff and their revenues fall nearly 50%!
WooHoo! Happy New Year, MoFos!
While my company's revenues are 50% lower, my expenses remain constant or even increase.And there is no mechanism by which I can pass along even once cent of my costs.
2015 is really going to suck balls for this family.
Yeah, I'm real sorry about that but while you were squeezing a few bucks out of the artificially high oil prices the rest of us were sucking balls. I can't tell you how many of us were damaged by them (not that you seem to care). I suppose you believe it's unreasonable to expect you to look beyond your own selfish ass and consider how much better life is for the overwhelming majority of people on the planet.
I laud you for recognizing the impact on domestic producers.
But please do understand the impact on U.S. drilling, industry jobs, the decline in domestic production, and the rise of foreign imports...
The rise in foreign imports? America is virtually energy self-sufficient these days, thanks in large part to independent shale producers and I have already floated the idea that we should aid the more expensive operations (tax credits, direct per barrel subsidies) as a matter of national security and our own economic well being. America's newfound oil power has proven to be good for America, most Americans and much of the non-oil producing world. That's a win-win-win.
The effects of low oil prices will be pronounced and immediate.
Both onshore and offshore rigs are being stacked NOW. Companies are laying off personnel by the thousands, and capital outlay is being cut in half.
Is there a price to pay for crude prices going too low? Yes there is.
Brotch.
