Originally posted by tgridley
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Hey Oilfield Guys!!
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Originally posted by RJK70 View PostBakken is stacking; Haynesville is picking up though.
Haynesville definitely is a little more than runor. We're one of the 36 forecasted wells for a company for '15 and there's been contact. Plus 2 pipelines scheduled for 3Q '16 have been bumped up to 3Q '15.
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Lower crude prices will mean lower prices in other products. But to be more accurate you should show a chart with demand for those products. i cant tell if thise charts are shiwing demand. I would think lumber has a large fuel expense. If you cut the price of fuel, they could still be making the same profit.
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I was in a Polaris dealership yesterday waiting on a sales guy while he was helping the gentlemen before me look at a side by side. The sales guy mentions to him don't worry I will get you financed ..so I start listening and the customer says yeah my rig was stacked a month ago.. Sales guy says yeah it will come back. I guess I just don't get it.
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I'm thinking about $75-80/bbl.
I went to NAPE today in Houston and 90% of the folks I talked to were "slowing down" or "waiting for the prices to come back up.". This is killing me as I am still looking for a job!!! Oil needs to come back up plane and simple and any knucklehead that doesn't think so can beep beep beep beep, lol!!!
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