gonna be lots of nice used trucks for sale soon...

[CosmicCowboy]

You're the one playing old man. If they're not drilling new wells, there is no need for new truck drivers. So why are you telling people to go get their CDL so they can go make $80k hauling oil?

those jobs are safe.

Just admit you were talking out of your ass like you always do.

Lol just admit you are a bitter little that probably got a ty degree and hate your food service job.

[chunticakes]

so is it a good idea to invest in oil now that its low and hope the prices eventually drive back up?

and still nobody answered my question. what say you cosmic?

[CosmicCowboy]

and still nobody answered my question. what say you cosmic?

There will be money to be made by the more solvent companies picking off good leases cheap from the players that run out if money but there aren't really any good oil plays that I see. Oil is going to be cheap for awhile. If you are looking for an oil related stock play look for companies that use a lot of oil products like airlines, FedEx, ups, etc.

[Th'Pusher]

Lol just admit you are a bitter little that probably got a ty degree and hate your food service job.

Did you clean up that tin yard like I told you to, old man?

[rogues]

Lol just admit you are a bitter little that probably got a ty degree and hate your food service job.

That about ends whatever point he had trying to make in this thread..

[RandomGuy]

You think OPEC can afford to keep gas at $2 a gallon for long?

Saudi's can, and that is all that matters.

Russia, Venezuela, Mexico... that is another story.

[RandomGuy]

There will be money to be made by the more solvent companies picking off good leases cheap from the players that run out if money but there aren't really any good oil plays that I see. Oil is going to be cheap for awhile. If you are looking for an oil related stock play look for companies that use a lot of oil products like airlines, FedEx, ups, etc.

Gonna take a while tho'. Airlines hedge against fuel price increases, but the act of hedging generally locks them in at a price. They don't get to benefit as much from falls, but are protected somewhat from es. (to my understanding, not sure what specific escape clauses any given company might have built into contracts to get out of them if the price drops)

[RandomGuy]

This bull again?

Big oil didn't kill the EV1. It was an experiment by GM with no plans to sell it, but to test the viability. That's why they only leased them, and never sold them.

You really need to stop believing the lib propaganda.

Come on, man. Any business worth their salt will protect cash cows, and act in ways that are very much counter to free markets to protect their bottom line.

There is a reason we have anti-monopoly laws.

"free market" in reality is a lot less "Free" than some devotees seem to think it is.