I don’t see prices going up for at least a year. That’s about how long everyone can hold on although I know of oil companies making budget reductions of 10-15% on projects right now. The good thing about this is it will make oil producers more lean and hopefully destroy some dictator economies. I wouldn’t want to be in Venezuela or Brazil right now.
Rory From: Af [mailto:[email protected]] On Behalf Of Vlad Sedov Sent: Tuesday, January 13, 2015 10:31 AM To: [email protected] Subject: Re: [AFMUG] Gas Prices you're welcome.. vlad On 1/13/2015 10:35 AM, That One Guy wrote: I thank vlad but when this rebounds, its going to hurt, not "hey doc it burns a little when i pee" hurt, real hurt On Tue, Jan 13, 2015 at 10:23 AM, Bill Prince <[email protected]<mailto:[email protected]>> wrote: It's Saudi Arabia trying to squeeze out all the marginal producers. Initially it will be Russia and some of the other marginals like Iraq & Iran. Pretty sure the shale oil and tar sands guys are hurting big time right now. bp <part15sbs{at}gmail{dot}com> On 1/13/2015 8:03 AM, Chuck McCown wrote: I wonder what is really driving the price down. Fracking, OPEC diaspora, CAFE improvements, Russia problems ??? From: Jeremy<mailto:[email protected]> Sent: Tuesday, January 13, 2015 8:54 AM To: [email protected]<mailto:[email protected]> Subject: Re: [AFMUG] Gas Prices Thanks Obama! (he gets blamed for EVERYTHING, right??) On Tue, Jan 13, 2015 at 8:41 AM, Josh Luthman <[email protected]<mailto:[email protected]>> wrote: Same up here in Ohio. Josh Luthman Office: 937-552-2340<tel:937-552-2340> Direct: 937-552-2343<tel:937-552-2343> 1100 Wayne St Suite 1337 Troy, OH 45373 On Jan 13, 2015 10:35 AM, "joseph marsh" <[email protected]<mailto:[email protected]>> wrote: 1.75 here in my area On Jan 13, 2015 9:35 AM, "Vlad Sedov" <[email protected]<mailto:[email protected]>> wrote: $1.50 to $1.55 in oklahoma city.. crazy. vlad On 1/13/2015 9:32 AM, Travis Johnson wrote: I never thought I would see gas prices this low. We have stations at $1.71/gallon in our area right now. :) Travis -- All parts should go together without forcing. You must remember that the parts you are reassembling were disassembled by you. Therefore, if you can't get them together again, there must be a reason. By all means, do not use a hammer. -- IBM maintenance manual, 1925
