How cool has it been out there? It's 21 here tonite and that's chilly for us. I'll bet it plays hell with the equipment.
And that damn wind.......it seems it never stops. I do not miss the west in the winter. Burrrrr.

 

5 degrees overnight. And I'm talking Alabama!

 

I'm not a tree hugger; just a concerned citizen with health issues associated by pollution.

My apology now.

No need to ever apologize for being concerned about heath and environment. Hell to whomever doesn't like it!

 

Just for a heads up from the inside on the oil prices.

For things to become cost prohibitive for them to drill and fracc here in ND the overall price per BBL would have to drop below $26. Thats the average break even point here.

 

Thanks!

 

Just for a heads up from the inside on the oil prices.

For things to become cost prohibitive for them to drill and fracc here in ND the overall price per BBL would have to drop below $26. Thats the average break even point here.

That's interesting. The network news heads are saying $65.

 

I have worked for many companies that have "shared" their nut number with me. In every case(even with close knit employers).......the nut was much smaller than what I was told. They have nut numbers for employees too.

 

That's interesting. The network news heads are saying $65.

They ARE saying that? Odd, since oil is already below $50/bbl. I heard $51/bbl for months. Don't know that I ever heard $65/bbl, but in doing a Google search just now I ran across several articles that all claimed that if oil fell below X/bbl that small U.S. producers would go bankrupt. It was interesting that X always happened to be just above whatever the price of oil was at the time the article was written and I saw articles where X was $91, $80, and $75. So I wouldn't be surprised that some pontificator somewhere threw out $65 and the talking heads latched onto it.

 

They ARE saying that? Odd, since oil is already below $50/bbl. I heard $51/bbl for months. Don't know that I ever heard $65/bbl, but in doing a Google search just now I ran across several articles that all claimed that if oil fell below X/bbl that small U.S. producers would go bankrupt. It was interesting that X always happened to be just above whatever the price of oil was at the time the article was written and I saw articles where X was $91, $80, and $75. So I wouldn't be surprised that some pontificator somewhere threw out $65 and the talking heads latched onto it.

I think I heard that a few days ago, but maybe they said it "was" at $65; at my age, I am lucky to have the right century.

 

AE, BP. All I know can I trust eating fish? ...

You know petroleum leaches naturally into the Gulf from below the sea floor, right?

 

That's interesting. The network news heads are saying $65.

Yea the news and media also said we just started exporting 1 million Bbls a day not to long ago. I however was working the local rail yard fueling oil trains three years ago and I was personally seeing 1 million+ Bbls going out every 24 hours just on the BNSF Eastbound tracks through Minot ND and it was well known in the area that there were other tracks going out of our state in other directions carrying substantial loads of crude as well.

Personally I tend to believe the local word and my personal observations over the national medias word on anything that goes on in my backyard.

If they are telling me $25 - $30 a Bbl is the breakeven point while signing more fraccing contracts with my company,, not cutting them, I will take their word for it.

 

You know petroleum leaches naturally into the Gulf from below the sea floor, right?

Its safe. It's natural oil not the ...... umm,,,,,, Hmmm. What?

 

Here's what one pundit was saying just five or six weeks ago.

"Jim Burkhard, the head of oil market research at IHS, a highly-respected industry research firm: “There’s a spectrum of break-even costs. Wells can perform differently in the same field.” A new study by IHS concludes that about 80% of the tight oil estimated to be pumped next year will still be profitable at between $50 and $69 a barrel."

 

You know petroleum leaches naturally into the Gulf from below the sea floor, right?

I think in terms of ppm and is oil dangerous at what level; in a closed system might "Darn- well - matter?" maybe for a concerned scientist; at sea with dispersion rates "well" it could be minuscule? I wouldn't know.

However, as a concerned citizen then include my children and their lives over time and effects will not be felt for years? Just like smoking on an airplane; this will all be past tense and no concern. Once again that was then and this is now. It takes a few years for that to accumulate; I'm on board for making money. But, who will it cost in the end. Who cares; well I guess I do.

So do you believe the nay sayers and profiteers?

Look at the shell.

Nope not here, nope not there. Pay up; but the cost potentially is not money.

I guess what I'm saying is; eating an oil sandwich for 30 years just might matter.

kv

 

I would be happy to engage you in debate, killivolt. But, as has happened repeatedly in the past, this thread would get closed.

Not taking the bait, this time.

 

I would be happy to engage you in debate, killivolt. But, as has happened repeatedly in the past, this thread would get closed.

Not taking the bait, this time.

I agree. It would.

Wouldn't matter anyway; it would take 30 years for the results to resolve it.

It would only say who has the highest IQ or who has the fastest hand in a shell game.

For that reason; I would loose. So, I concede now.


kv

 

I would be happy to engage you in debate, killivolt. But, as has happened repeatedly in the past, this thread would get closed.

Not taking the bait, this time.

I'm amazed this topic is approaching 200 posts and no threat of closing... Yet.

 

My thread so the mods tend to give more leeway on things being I will generally keep watch on the topic drift pretty well.

I mean do you really want to incure my wrath in one of my own threads for taking things too far even by my standards ?

 

I think in terms of ppm and is oil dangerous at what level; in a closed system might "Darn- well - matter?" maybe for a concerned scientist; at sea with dispersion rates "well" it could be minuscule? I wouldn't know.

Totally agree! There is no equavilance to a relatively slow natural seepage to the estimated 210 millions of gallons or oil that flowed over 87 days.

 

I'm amazed this topic is approaching 200 posts and no threat of closing... Yet.

Already been closed, edited, reopened.