Originally posted by bphillips
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Hey Oilfield Guys!!
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Neither do I. We are holding on here at work though it has been super slow for my personal shop. Had 3 super hot jobs last month then nothing. As I suspected anything now is hot, I literally have been picking up jobs on Friday that are due Monday. At this point I will take whatever I can get.
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Originally posted by KR-oldmexico View PostI wonder how much it has to do with all the financial unrest over seas????
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Originally posted by bphillips View PostI think that's all it is along with seeing how it plays out with Iran. I still think $60 is where it will be for a while until inventories start making bigger declines. This stuff I don't think will keep it down long.
I agree and hope you're right!!! We have been steady and looks like that may continue Id it stays around $60
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Originally posted by bphillips View PostFor some reason I'm betting we do and prices dip into the mid $40s again for a little bit, but Iran can't just turn on all this production it will take a bit of time it's just people being scared.
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Originally posted by JTeLarkin08 View PostI am just hoping it gets back to the mid 70$ ish by like November/December.. One thing it seems about the oilfield is its not if it will go up again but when.. I would be wiling to bet we see 100$ oil again in the next 5 years.. Just hope we can keep the doors open till then
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The strong dollar is killing oil and other commodities.Last edited by cosmiccowboy; 07-07-2015, 04:48 PM.
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