Gas prices

[inline 6]

bitch

Cock sucker, you want to go on or just cut the shit and meet at jitb?

[Trip McNeely]

Douche

bitch

[inline 6]

You have no idea what goes into forecasting how to develop an oil and gas well, nor do you have any idea the amount of money and risk that goes into it. So don't act like you do.

Douche

[Zfan]

ISIS can afford to sell at 25 a barrel seeing as they just stole it anyway.

[matts5.0]

Elections are coming up!

Zinga!

[paul_376]

Under $3 now

[helosailor]

You have no idea what goes into forecasting how to develop an oil and gas well, nor do you have any idea the amount of money and risk that goes into it. So don't act like you do.

Oil futures forecasting in action...

You have no idea what goes into forecasting how to develop an oil and gas well, nor do you have any idea the amount of money and risk that goes into it. So don't act like you do.

Calm down, Francis.

[Roscoe]

Exactly. No one ever mentions how much the Govmt shaves off and their overall involvement in regulating which in turn costs even more off the bottom line. Refinement into the many different things oil and gas creates is probably the biggest factor.

Production and refining are the highest margin parts of the operations.

[Trip McNeely]

Gas prices are the smallest part of profits for the O&G companies.

Exactly. No one ever mentions how much the Govmt shaves off and their overall involvement in regulating which in turn costs even more off the bottom line. Refinement into the many different things oil and gas creates is probably the biggest factor.

[Roscoe]

Gas prices are the smallest part of profits for the O&G companies.

[Trip McNeely]

And the free markets are dictating that prices are too high as the supply outweighs the demand.

So any of this "warnings that price must remain higher to keep our wells in operation" should hang right over the head of your O&G buddies in risk analysis or forecasting.

You have no idea what goes into forecasting how to develop an oil and gas well, nor do you have any idea the amount of money and risk that goes into it. So don't act like you do.

[32vfromhell]

Oh boohoo A successful company will make a profit. Boohoo Capitalism.

And the free markets are dictating that prices are too high as the supply outweighs the demand.

So any of this "warnings that price must remain higher to keep our wells in operation" should hang right over the head of your O&G buddies in risk analysis or forecasting.

[Captain Crawfish]

Lol, seeing as which ISIS is selling massive quantities of "their" oil for around $25 a barrel I don't think any dropping oil prices from any country has anything to do with them...

nope this is the unwind part and its usually not very fun

[Trip McNeely]

Oh boo-hoo, the oil companies like exxon/mobil wont break their previous profit record by leaps AND bounds this year, just leaps.

Oh boohoo A successful company will make a profit. Boohoo Capitalism.