What is gas prices in California now? $4 a gallon?
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Anyone freaking out about oil around here?
Posted 23 April 2020 - 01:28 AM
Well, they need to pull up their boot straps and get a second job! Do they really need an iPhone?
People in Texas oil industry and getting scared like they did when fracking kinda went under.
Here's my thoughts on oil - if I suck it up for a year or 2 and work a full time job, I can put all that money directly into savings and buy a foreclosed house in the inevitable recession that'll hit Houston like a damn hurricane.
- Darth Ender +1 this
Posted 27 April 2020 - 09:31 PM
I live in an oil town - Calgary, Alberta up in the Great White North, so negative oil prices combined with all the quarantine and lock down stuff going on = not exactly boom town around here. Kind of a nice change, actually, if only for a while. It's been a complete rat race for so long that a bit of a correction was in order. Just hope it doesn't drag on over long.
- Ms. Spam +1 this