Zoie's take: "Pump, schmump! Let's go hunting!"Morning news sources said that oil reached a record high this morning at $98.62/bbl, and further predicted that oil could go as high as $128/bbl. That is craziness. I'd better call my oil purchasers and tell them to go pick up a load...oh, wait...I don't have an oil well.
It's funny - prices in the oil service sector seem to be softening, and yet, the price of oil rises. I've been in the oil industry for 23 years now...and I still haven't figured it all out. It's a new day, every day, out here in the patch .
Guess that's what keeps it exciting!
9 comments:
So, does this mean more money for more skeet shoots? :-)
I hope that's how it translates...however, with service prices softening, I'm just not sure.
Saw your lovely esposa yesterday!
$128 ?????
You've got to be kidding. I watched the democratic presidential debate a few days ago and one of the candidates said (when priced around $90) that about $30 per barrel is based strictly on speculation and not on legitimate supply or demand.
That's ridiculous.
Don't believe everything you hear, Jonboy. I heard the other day that someone asked for everything over $45 to be mandantorily given to the Windfall Profits tax.
That's what they wanna do to our business.
Now, that is ridiculous!!
Actually, if you're talking about 'futures' prices, speculation DOES have a lot to do with it.
Gas and oil prices leave me dumbfounded! What the heck is going on?
But I DO understand the look on Zoie's face...."Ho-hum...when do we go out and play?"
I love this.......I could start one with my Beagles. They get into everything.
I love this girl.Zoie. the picture of her walking off with the squirrel tail is embedded in my memory
Zoie has the right idea; "to heck with it all!" She is so very cute.
I believe that we are going to all have to stop driving for awhile--jeez! The horses sound good to me at this point. What the heck are we gonna' do?
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