The Billiard world at $6 a barrel of oil

Dan_B

Dan_B

AzB Gold Member
Gold Member
Silver Member
With oil at $6 a barrel, gold crowns, valleys, diamonds, balls and such
with all the resin's, plastic's and laminate's used should drop the price,
especially the glues needed and used.
Then all the dead wood to follow for cue's from a lack of carbon that oil produces.
 
logical

logical

Loose Rack
Silver Member
Cheap gas and nowhere to go with it. First time in a while (ever?) I topped off the 35 gallon tank in my pickup without crossing $50.

You must have your own well if you are getting it for $6 Mr Clampett
Sent from the future.
 
C

CocoboloCowboy

Cowboys are my hero's
Silver Member
Dan_B said:
With oil at $6 a barrel, gold crowns, valleys, diamonds, balls and such
with all the resin's, plastic's and laminate's used should drop the price,
especially the glues needed and used.
Then all the dead wood to follow for cue's from a lack of carbon that oil produces.
Click to expand...

Most business the largest cost is labor, and cost of employing people.
 
ShootingHank

ShootingHank

AzB Silver Member
Silver Member
logical said:
Cheap gas and nowhere to go with it. First time in a while (ever?) I topped off the 35 gallon tank in my pickup without crossing $50.

You must have your own well if you are getting it for $6 Mr Clampett
Sent from the future.
Click to expand...

I go for cruises into the back country and it's quite nice.
 
G

garczar

AzB Silver Member
Silver Member
logical said:
Cheap gas and nowhere to go with it. First time in a while (ever?) I topped off the 35 gallon tank in my pickup without crossing $50.

You must have your own well if you are getting it for $6 Mr Clampett
Sent from the future.
Click to expand...
WTI crude was less than 6bux about an hour ago.
 
Dan_B

Dan_B

AzB Gold Member
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Silver Member
CocoboloCowboy said:
Most business the largest cost is labor, and cost of employing people.
Click to expand...

that is an issue.
Kind of an issue isn't it,
if even a large company can't carry the load of liabilities for more than a few weeks?


oil @ $3.35 now at 12.24, 4.20.20
 
logical

logical

Loose Rack
Silver Member
I take that back...it did go that low. I think in terms of Brent.

Sent from the future.
 
7

7stud

AzB Silver Member
Silver Member
In Canada, you can buy a barrel of their (not as "sweet") oil for less than the cost of a pint at the pub.
 
G

garczar

AzB Silver Member
Silver Member
Land-based crude like WTI will hit zero or worse. Sea-based like Brent won't get hurt as bad. Biggest glut in history. Crazy.
 
Black-Balled

Black-Balled

AzB Silver Member
Silver Member
Materials cost isn't something that can be taken advantage of when there's no production though.

Uncle Sam always looking out for you: keep the liquor stores open and gas cheap. Ow.
 
Dan_B

Dan_B

AzB Gold Member
Gold Member
Silver Member
hit .04
my 1.50 max./min house bet seems more serious than normal.
 
Korsakoff

Korsakoff

AzB Gold Member
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Even with the agreement to reduce production by 10 million barrels per day, it will take quite a while to have any impact.

Oil was being overproduced. In fact, with the impact of COVID-19, there is almost no place left on land to store it. Most are having to look at FPSOs to store the oil.

So, my guess is it's likely to be Q2 2021 before the Oil Patch sees things take a turn toward normal - whatever that is anymore...
 
336Robin

336Robin

Multiverse Operative
Silver Member
Business is easy right?

So many people think running a business is easy and full of profits.
 
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