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Thread: $19.97 barrel oil?

  1. #181
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    $21 WTI this morning.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  2. #182
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    $10 WTI is coming.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  3. #183
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    Quote Originally Posted by ExtraSlow View Post
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    $10 WTI is coming.
    IF WTI <$10, buy PPL * Infinity
    ELSE buy PPL
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  4. #184
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    WCS $5.xx this morning apparently.

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    I hear american friends talk about how "russia and the saudis" need to fix this oil price fast. It's my opinion that if they are smart, they will keep pumping hard and crash the market even worse. For OPEC+ to claim a real victory, they have to really harm the long term ability of the USA to produce oil. Massive bankruptcies are the best way to do that. A few months of pain is insufficient.

    - - - Updated - - -

    Quote Originally Posted by sabad66 View Post
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    WCS $5.xx this morning apparently.
    Most recent snip from Oilprice.com:
    Name:  OilPrice Snip 2020-03-27.PNG
Views: 753
Size:  72.9 KB
    Edit, note not all those prices report quickly, some are up to a couple days delayed.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  6. #186
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    Quote Originally Posted by ExtraSlow View Post
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    I hear american friends talk about how "russia and the saudis" need to fix this oil price fast. It's my opinion that if they are smart, they will keep pumping hard and crash the market even worse. For OPEC+ to claim a real victory, they have to really harm the long term ability of the USA to produce oil. Massive bankruptcies are the best way to do that. A few months of pain is insufficient.

    - - - Updated - - -



    Most recent snip from Oilprice.com:
    Name:  OilPrice Snip 2020-03-27.PNG
Views: 753
Size:  72.9 KB
    Edit, note not all those prices report quickly, some are up to a couple days delayed.
    Is there somewhere to see WCS live? That site always seems a day behind.

  7. #187
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    Quote Originally Posted by pheoxs View Post
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    Is there somewhere to see WCS live? That site always seems a day behind.
    Boe report has a decent one. And more importantly they have Ed light / MSW estimates.
    Last edited by killramos; 03-27-2020 at 10:14 AM.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  8. #188
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    Looking around
    Wondering what became
    Of what I once knew

  9. #189
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    I wonder if companies like Teck blamed 'politics' for stopping the project, when they likely had a good idea this was coming down.

  10. #190
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    So how much do you think Alberta should ask for in Equalization payments this year? Cuz there is no question we will do worse than the rest of Canada.
    0.5 gram microsd delivered by 12,000 pound combustion vehicle and driver.

  11. #191
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    Quote Originally Posted by ZenOps View Post
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    So how much do you think Alberta should ask for in Equalization payments this year? Cuz there is no question we will do worse than the rest of Canada.
    Even if there was 0 energy revenue we would still be a have province. You vastly understate how little the average have not province salaries look like.
    Originally posted by SEANBANERJEE
    I have gone above and beyond what I should rightfully have to do to protect my good name

  12. #192
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    Not to mention it's something like a three-year rolling average. It would have to be two years of pain to get equalization flowing in.

  13. #193
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    Kenney did emphasize a few times how supportive of Alberta the other premiers are. Supportive enough to pause equalization payments? We will see.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  14. #194
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    Interesting read.

    https://oilprice.com/Energy/Energy-G...ve-US-Oil.html

    Trump loves to impose tariffs on things like the 25% steel tariff.

  15. #195
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    We saw $19.92 WTI today.

  16. #196
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    Quote Originally Posted by Disoblige View Post
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    We saw $19.92 WTI today.
    Yep. Insanity.
    "The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."

    -H.P. Lovecraft

  17. #197
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    So what's the best industry to pivot into if one wants to stay and live in AB?

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    Quote Originally Posted by The BMW Guy View Post
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    So what's the best industry to pivot into if one wants to stay and live in AB?
    Depends on your skillset. However many other industries have strong bias against former oil and gas workers.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  19. #199
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    Quote Originally Posted by The BMW Guy View Post
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    So what's the best industry to pivot into if one wants to stay and live in AB?
    Software dev.

    Agriculture

    Alternative energy (solar)

    SCM

  20. #200
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    Answer may also depend on what your current skillset in O&G was. Someone in automation may have an easier pivot than a production engineer.

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