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Houston..we have a problem....

7,338,580 Views | 28767 Replies | Last: 7 days ago by Sims
techno-ag
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AG
quote:
So you're saying I should get that Porsche I've been eyeing?
F350 Platinum or get out.
Comeby!
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AG
quote:
quote:
So you're saying I should get that Porsche I've been eyeing?
F350 Platinum or get out.
Blue collar scrub.
techno-ag
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Maybe one of those Lincoln pickups, then.
IrishTxAggie
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Ummm... Y'all know its boat season right?
techno-ag
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quote:
Ummm... Y'all know its boat season right?
Got to have a truck to pull that boat. A little bratwurst burner ain't gonna cut it.
Comeby!
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AG
quote:
quote:
Ummm... Y'all know its boat season right?
Got to have a truck to pull that boat. A little bratwurst burner ain't gonna cut it.
I already have a boat and a SUV to pull it.
techno-ag
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Comeby!
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AG
I got a girl. I just like nice things.
Aggielandma12
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quote:
That project is cursed


Meanwhile, LLOG is making a killing off delta house. I know it's a tie back vs standalone but I'm sure they have already come close to payout on the project.
AgLA06
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quote:
quote:
That project is cursed


Meanwhile, LLOG is making a killing off delta house. I know it's a tie back vs standalone but I'm sure they have already come close to payout on the project.


Still expanding.
Dan Scott
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Greek talks failed this evening and lots of people forecasting higher dollar weaker Euro.

More pain for oil it looks like. XOM broke its 28 year trendline this past week. Pretty interesting chart. I want this at 75.


Caliber
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Big fire burning near Cuero, anyone have any idea what went up?
Caliber
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My parent are seeing it from Hochheim. Only info I found on it so far:
http://www.victoriaadvocate.com/news/2015/jun/14/energy-plant-fire-cuero/
Maverick06
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Supposedly it's an ETC pipeline. We have wells in the area shut in because of it.
Saltwater Assassin
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Maverick, who do you work for?
AgsMnn
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Brad, where do your parents live out there. We just built in the area. In-laws live there as well.
jh0400
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quote:
My parent are seeing it from Hochheim. Only info I found on it so far:
http://www.victoriaadvocate.com/news/2015/jun/14/energy-plant-fire-cuero/


My wife's uncle lives next to that plant.
IrishTxAggie
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Friends out at Cheapside and Midway could see it as well.
Ag92NGranbury
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http://finance.yahoo.com/news/small-u-frackers-face-extinction-amid-drilling-drought-050703684.html
Talon2DSO
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Anyone sitting in the Pipeline Integrity CLE at the Double tree in Greenway Plaza? If anyone is interested in grabbing a beer later, let me know. I head back to Pittsburgh tomorrow
Slappy74
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Hercules Offshore filing for Chapter 11
http://fuelfix.com/blog/2015/06/18/hercules-offshore-makes-restructuring-deal-will-file-for-bankruptcy-protection/?cmpid=hpfc#29969101=0&31510103=0
jpc08
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Hercules Offshore filing for Chapter 11
http://fuelfix.com/blog/2015/06/18/hercules-offshore-makes-restructuring-deal-will-file-for-bankruptcy-protection/?cmpid=hpfc#29969101=0&31510103=0
Guess I should have sold when it was around a $1 last month.
Slappy74
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I interviewed with them a few years ago, glad that didn't pan out.
Slappy74
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Saratoga Resources is filing for Chapter 11 ...
http://fuelfix.com/blog/2015/06/19/saratoga-resources-seeking-bankruptcy-protection/#31510101=0
Zemira
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Anyone hear anything about W & T Offshore?
lotsofhp
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quote:
I still think that the worst is yet to come.. Mainly for manufacturers like me. The huge cuts by the big guys (80% of our customers) is just now showing up. We are strictly offshore equipment and damn near nothing we do has a delivery of less than 18 months, most are 2-5 year projects. I'm still working shops overtime and am spot hiring BUT the phones....... They don't be a ringing no more!! Our goes outa is working full time but the goes inta is absolutely DEAD. I'm afraid that the large Houston manufacturers will start the blood letting this fall. Manufacturing blood lettings are particularly vicious since it's a lot of lower wage hourly guys and we don't even know what the word severance means....


What is it you guys are manufacturing?
Ridge14
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http://www.marketwatch.com/story/williams-cos-rejects-48-billion-buyout-offer-2015-06-21-224853943?link=MW_home_latest_news
El Chupacabra
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http://www.marketwatch.com/story/williams-cos-rejects-48-billion-buyout-offer-2015-06-21-224853943?link=MW_home_latest_news


Was reading a bit about that last night. Hoping it stimulates some of the other oil stocks.

Oddly enough, someone or someones bought 25,000 November $49 calls for just over $2 on Thursday. They'll be worth probably $15 or so in 90 minutes.
wessimo
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Interesting statement from ETE this morning. They aren't happy this went public. Will be interesting to see what happens next.
dantes
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Would FERC even approve that? Seems like antitrust to me
PetroAg13
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http://calgaryherald.com/business/energy/saudi-arabia-to-raise-production-to-maximum-levels-escalating-oil-market-share-battle

quote:
The world's largest oil exporter has already increased output to a 30-year high of 10.3 million barrels a day in a bid to check growth from nations including the U.S., Canada and Brazil. It will add even more to the global glut, according to Goldman Sachs Group Inc. Citigroup Inc. predicts the kingdom will push toward its maximum daily capacity, which the bank estimates at about 11 million barrels, in the second half of 2015.

AgLA06
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quote:
http://calgaryherald.com/business/energy/saudi-arabia-to-raise-production-to-maximum-levels-escalating-oil-market-share-battle

quote:
The world's largest oil exporter has already increased output to a 30-year high of 10.3 million barrels a day in a bid to check growth from nations including the U.S., Canada and Brazil. It will add even more to the global glut, according to Goldman Sachs Group Inc. Citigroup Inc. predicts the kingdom will push toward its maximum daily capacity, which the bank estimates at about 11 million barrels, in the second half of 2015.




So the Saudis have essentially lost control of the oil market and this is their last ditch effort to keep their hands on the strings.
Cepe
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That's my take too.

Also, I don't trust any analysis by Goldmen Sachs on this.
GCRanger
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http://www.reddit.com/r/Calgary/comments/3avflx/chevron_is_laying_off_130_people/

A few other Chevron BUs went through this last year. It was going to happen regardless of oil prices, though number let go may be higher now. There will most likely be Canadian expats being pulled home and US expats heading back to Texas (hopefully with a job).
Ragoo
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i think that has more to do with an extreme slow down in canada. we recently announced our facility in calgary is closing, the same day I had a calgary based vendor call fishing for work.
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