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Dec 30th, 2023
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 Re: Jumping Gas Prices
[Re: TorySweatman]
#10562433
01/23/15 04:36 AM
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Joined: Feb 2014
Posts: 315
roblo101
Angler
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Angler
Joined: Feb 2014
Posts: 315 |
OPEC will meet again in June-July
They predict it to be bad till the 4th qrt.
So enjoy the cheap gas prices while they last.
It will get worse before it gets better, I'm afraid.
That's just my .02 cents, and I machine parts for the major drilling companies
Skeeter/Yamaha and Love to feel something on the other end!! Lol
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Re: Jumping Gas Prices
[Re: SteezMacQueen]
#10566467
01/25/15 01:05 AM
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Joined: May 2009
Posts: 1,812
redskeeter190
Extreme Angler
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Extreme Angler
Joined: May 2009
Posts: 1,812 |
I don't truly understand oil prices and gas prices. I smile when gas is cheaper and cringe when it goes up. That said, I bought the Jeep I have when gas was $3.59 a gallon "because it gets 17+mpg and is 4wd". I also bought my wife a Lexus Hybrid,"because gas was so expensive". Now it's not uncommon to use $25-$30 a week in gas for my jeep to get to work and back and go fishing everyday. Her car went from $21 a week in fuel to $10 a week in fuel. She drives A LOT. I was preparing for much higher fuel prices and this recent savings has been nice. I don't think it's gonna last. Haha. But the thing that most people do not do nowadays is PLAN! I plan for the bad times and that allows me to enjoy life. I do not go crazy when times are great. I stockpile money. Lol. I resist the temptation to buy a HellCat...and a BassCat. I make due with a crappy old Nitro Z6.
If you get that Hellcat......better call me for a ride......
My mom, on the other hand, has her land in SDakota leased to a oil research company and she went from getting MAD MONEY to AMAZING MONEY. lol. But, she's doesn't spend it crazily. She invests it and says it will not last for ever (the oil) and when the Bakken dries up, it's game over. So she just takes the money and invests. The land, BTW, is worth 20x more money per acre today than it was 10yrs ago. And not due to oil. Because LAND is a true finite resource. Fuel isn't. There is alternatives. I think it's funny how people talk about "Texas oil". It doesn't come close to the amount of oil in the Dakotas and southern canada.
Oh well. I'm in the camp of "it is what it is".
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Re: Jumping Gas Prices
[Re: txwhitetail]
#10566960
01/25/15 04:48 AM
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Joined: Jan 2004
Posts: 6,445
Grant2
TFF Celebrity
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TFF Celebrity
Joined: Jan 2004
Posts: 6,445 |
They need to leave it alone. People in oil made way way to much off us for a couple years. But with people spending less at the pump, They are helping the economy by spending the extra $$$ other places instead of making the gas ceo's laying back & loving it. You have any idea what kind of markup you are paying on everyday items versus what you pay for oil related items??? You might be surprised who is "making too much" off of you. When a guy overseas dies and the price of oil goes up something is wrong period! Oil company's are greedy bastards period. My mom worked for BP for 30yr she will say the same thing greed drives those company's.
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10567159
01/25/15 01:30 PM
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Joined: Mar 2006
Posts: 11,036
reeltexan
TFF Guru
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TFF Guru
Joined: Mar 2006
Posts: 11,036 |
The recent increase probably has more to do with cold fronts that have been crossing the nation for the last two weeks. More heating oil needed up north.
Crude oil has been around $48 a barrel and forecasts for futures put it as low as $25.
So relax. Even it stays where it's at right now, you're saving a bundle.
"..The pleasantist angling is to see the fish
Cut with her golden oars the silver stream,
And greedily devour the treacherous bait.
Bill Shakespeare![[Linked Image]](http://s4.postimage.org/f0dhseas/P1120145.jpg)
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Re: Jumping Gas Prices
[Re: redskeeter190]
#10567274
01/25/15 02:21 PM
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Joined: Jan 2007
Posts: 15,584
Happykamper
TFF Guru
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TFF Guru
Joined: Jan 2007
Posts: 15,584 |
I don't truly understand oil prices and gas prices. I smile when gas is cheaper and cringe when it goes up. That said, I bought the Jeep I have when gas was $3.59 a gallon "because it gets 17+mpg and is 4wd". I also bought my wife a Lexus Hybrid,"because gas was so expensive". Now it's not uncommon to use $25-$30 a week in gas for my jeep to get to work and back and go fishing everyday. Her car went from $21 a week in fuel to $10 a week in fuel. She drives A LOT. I was preparing for much higher fuel prices and this recent savings has been nice. I don't think it's gonna last. Haha. But the thing that most people do not do nowadays is PLAN! I plan for the bad times and that allows me to enjoy life. I do not go crazy when times are great. I stockpile money. Lol. I resist the temptation to buy a HellCat...and a BassCat. I make due with a crappy old Nitro Z6.
If you get that Hellcat......better call me for a ride......
My mom, on the other hand, has her land in SDakota leased to a oil research company and she went from getting MAD MONEY to AMAZING MONEY. lol. But, she's doesn't spend it crazily. She invests it and says it will not last for ever (the oil) and when the Bakken dries up, it's game over. So she just takes the money and invests. The land, BTW, is worth 20x more money per acre today than it was 10yrs ago. And not due to oil. Because LAND is a true finite resource. Fuel isn't. There is alternatives. I think it's funny how people talk about "Texas oil". It doesn't come close to the amount of oil in the Dakotas and southern canada.
I thought Texas has a lot more oil than any other state, well at least it looks like we have plenty to not have to rely on other countries. I don't think a lot of Canadian oil compares to Texas oil as far a s quality.
Oh well. I'm in the camp of "it is what it is".
![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2019/09/full-13-25504-logo.png)
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10567280
01/25/15 02:26 PM
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Joined: Aug 2006
Posts: 601
wconn33
Pro Angler
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Pro Angler
Joined: Aug 2006
Posts: 601 |
Well I am one of the guys that got laid off due to low oil prices so its not that great for me. Hope it goes back up soon.
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10567321
01/25/15 02:40 PM
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Joined: Dec 2014
Posts: 44
Justcattin82
Outdoorsman
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Outdoorsman
Joined: Dec 2014
Posts: 44 |
No kidding, you guys that are praising low prices, what about us oilfield guys? Sucks for us
Will Fish For Food!!!
-2009 Basscat Pantera II
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Re: Jumping Gas Prices
[Re: Grant2]
#10567392
01/25/15 03:06 PM
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Joined: Jun 2004
Posts: 15,137
txwhitetail
TFF Guru
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TFF Guru
Joined: Jun 2004
Posts: 15,137 |
They need to leave it alone. People in oil made way way to much off us for a couple years. But with people spending less at the pump, They are helping the economy by spending the extra $$$ other places instead of making the gas ceo's laying back & loving it. You have any idea what kind of markup you are paying on everyday items versus what you pay for oil related items??? You might be surprised who is "making too much" off of you. When a guy overseas dies and the price of oil goes up something is wrong period! Oil company's are greedy bastards period. My mom worked for BP for 30yr she will say the same thing greed drives those company's. She would probably say that about any business.
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10567432
01/25/15 03:20 PM
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Joined: Sep 2006
Posts: 12,640
JIM SR.
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 12,640 |
supply and demand, just like any other commodity.
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Re: Jumping Gas Prices
[Re: Justcattin82]
#10567460
01/25/15 03:34 PM
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Joined: Dec 2003
Posts: 41,098
Allison1
TFF Guru
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TFF Guru
Joined: Dec 2003
Posts: 41,098 |
No kidding, you guys that are praising low prices, what about us oilfield guys? Sucks for us It does. How do you feel when stuff you buys goes up and down? I have a couple in laws who are in the oil fields. They spent the majority of their time overseas in Libya, Saudi and Chad. One just got layed off, working in N Mexico and says if nothing comes up soon he may go back to the middle east again.
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Re: Jumping Gas Prices
[Re: Justcattin82]
#10567493
01/25/15 03:48 PM
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Joined: Jan 2004
Posts: 6,445
Grant2
TFF Celebrity
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TFF Celebrity
Joined: Jan 2004
Posts: 6,445 |
No kidding, you guys that are praising low prices, what about us oilfield guys? Sucks for us Yes sir it does but when the price of oil is over priced everything goes up food,travel,delivery cost, and so on so yes I like putting more in my pocket instead of oil company [censored] rapping me. Oil company's need to do a better job of saving money as well. I saw a company spend $1100 a pallet for grass here in Houston spent over 175K to replant grass on 2 acres crazy. I also seen where they pay 5 guys to stand around waiting on contractors that never show up and these guys are 3k a week guys standing around doing nothing for weeks at a time. I know the roughneck guys work their butts off I have a cuz that works on a rig but he knows to put that money back b/c it's here today gone tomorrow. I hope you guys get your jobs back soon good luck.
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10567673
01/25/15 05:04 PM
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Joined: Mar 2009
Posts: 341
Jeff_S2
Angler
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Angler
Joined: Mar 2009
Posts: 341 |
The argument that higher oil prices is good for our economy is absolutely ludicrous.
Oil guys saying there's a negative trickle effect, because they are losing jobs. If your somewhat educated, you probably understood the risks, and also have the skills necessary to find another job.
While the O&G sector, and the ancillary businesses directly related to it might struggle a bit, the overall positive effect of lower gas prices benefits far more people than it hurts.
Last edited by Jeff_S2; 01/25/15 05:05 PM.
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10569314
01/26/15 10:47 AM
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Joined: Sep 2012
Posts: 350
**TheLoneRanger**
Angler
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Angler
Joined: Sep 2012
Posts: 350 |
I'm in the oil and gas industry and yes this slow down scares the life outta me... Might be selling my boat..  But in one way or the other this price of oil affects us all in negative ways one way or the other... maybe not sooner.. but later. It hurts business everywhere... Cheap gas is great. But I Cant afford 1.00$ a gallon if I get laid off.. Damn sure wont be fishing!!
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Re: Jumping Gas Prices
[Re: TorySweatman]
#10569317
01/26/15 11:02 AM
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Joined: Sep 2012
Posts: 350
**TheLoneRanger**
Angler
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Angler
Joined: Sep 2012
Posts: 350 |
Here is something I found out recently... Store owners set whatever price per gallon they want to. I do understand price per barrel has everything to do with it but store owners can price however they want to. A buddy and I stopped to put gas in his boat at a store in Athens Tx. There were no prices on the signs outside and the pump screen that reads the price was so sun faded you couldn't read it. He pumps his gas pays 10 bucks and only got 3 gallons or so give or take. That store was charging 1.00$ more per gallon then any where else!!! I called Valero and the guy told me they can charge what they want. Store owners set the price. Just makes you wonder....How much cheaper gas could be.
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Re: Jumping Gas Prices
[Re: **TheLoneRanger**]
#10569434
01/26/15 01:30 PM
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Joined: Nov 2014
Posts: 27,318
SteezMacQueen
TFF Guru
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TFF Guru
Joined: Nov 2014
Posts: 27,318 |
All I know is it is saving me money touring the circuit this spring. Haha I'm in the oil and gas industry and yes this slow down scares the life outta me... Might be selling my boat.. But in one way or the other this price of oil affects us all in negative ways one way or the other... maybe not sooner.. but later. It hurts business everywhere... Cheap gas is great. But I Cant afford 1.00$ a gallon if I get laid off.. Damn sure wont be fishing!! How much you want for your boat? When gas prices are down and tax season rolls around, I make mad money at my daily 9-5. I feed off of drug dealers, thugs, football players, and others wanting to live beyond their means. Hah. You might look to a career change, I'm backed up over a year and still taking deposits on new customers. It seems the farther backed up I am, the more I am in demand. Lol. I'm finishing up a car for a customer today that his initial invoice was generated in 2010! Five years. Lol. Yeh. Saturday I had to dust off parts of it and dig out my notes and picture logs to remember where I left off on it over a year ago. Oil prices? My mom likes em high as they can get, I like them reasonable, my customers are too stupid to understand them and only see cheaper gas for their twin turbo Bentleys and 8mpg Lamborghini's. One of my customers owns Kingdom Research Oil Exploration. Haven't seen him in a new Ferarri or Nissan GTR in a while. Maybe he's slowing down. Lol.
Eat. Sleep. Fish.
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