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Remember when is was $12 bbl in early 80s

Posted on: March 7, 2022 at 08:47:42 CT
mu7176grad MU
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When I had a big client in the oil and gas drilling busiess, Went to high of $40 a barrel and then back to $12. He had to sell his wells in the Wattenburg Field--Denver area.

As an aside Amoco was just trying fracking, It was brand new in those days. Now done everywhere
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Traders prepping for oil @ $200 per barrel - 4TigersinMichigan MU - 3/7 08:29:59
     Its stunning that they know oil is going much higher. - RHAYWORTH MU - 3/7 09:21:44
          How are they doing nothing? - meatiger MU - 3/7 09:34:13
          Notice how all the countries that produce oil - JayHoaxH8r MU - 3/7 09:28:33
               RE: Notice how all the countries that produce oil - MOCO SON MU - 3/7 11:12:08
                    Nationalize the oil fields? - JayHoaxH8r MU - 3/7 12:20:48
     Inflation is a lagging economic indicator - JayHoaxH8r MU - 3/7 09:19:47
          lol keep scraping for excuses for yer vegetable(nm) - TigerFan92 STL - 3/7 11:10:13
          Both parties created the inflation mess - 4TigersinMichigan MU - 3/7 09:29:53
               Your first point was fair - JayHoaxH8r MU - 3/7 09:41:06
                    It is very predictable - meatiger MU - 3/7 09:43:09
               you are correct on that - meatiger MU - 3/7 09:36:26
          luckily Biden hasn't spent any money at all - Sal CMSU - 3/7 09:23:47
               It is a government problem Sal - meatiger MU - 3/7 09:35:48
                    No sh*t meat (nm) - Sal CMSU - 3/7 10:30:31
                         Keep blaming Biden - meatiger MU - 3/7 10:40:17
                              I haven’t just blamed them - Sal CMSU - 3/7 10:42:13
                                   you constantly whine about liberals - meatiger MU - 3/7 10:45:33
                                        I criticize the GOP plenty - Sal CMSU - 3/7 10:48:53
                                             It's called "Meating It"®(nm) - Wildcat KSU - 3/7 13:42:22
                                             I am not trying to be profound - meatiger MU - 3/7 10:54:27
                                                  I’m for getting rid of both of those (nm) - Sal CMSU - 3/7 10:56:13
                                                       good..glad we agree on that(nm) - meatiger MU - 3/7 11:00:39
               RE: luckily Biden hasn't spent any money at all - JayHoaxH8r MU - 3/7 09:24:32
                    The whatabout was on your part - Sal CMSU - 3/7 09:26:29
                         I'm sorry you don't understand - JayHoaxH8r MU - 3/7 09:27:58
                              It is the turn of R's to place blame - meatiger MU - 3/7 09:37:38
                                   Many have criticized and blamed trumps spending - Sal CMSU - 3/7 09:56:23
                                        Well...the Biden supporters love spending - meatiger MU - 3/7 10:05:11
                                             There is nothing truthful about refusing to admit - Sal CMSU - 3/7 10:12:23
                                                  The current spending probably has little effect now - meatiger MU - 3/7 10:23:06
     Marxists will blame greedy corrupt oil companies. Nm - hokie VT - 3/7 08:49:57
          RE: Marxists will blame greedy corrupt oil companies. Nm - sarasotatiger MU - 3/7 09:16:05
               Any comments on my post? Nm - hokie VT - 3/7 09:25:18
     Remember when is was $12 bbl in early 80s - mu7176grad MU - 3/7 08:47:42
          It was $16 less than two years ago. Nm - BandG MU - 3/7 10:59:46
     Two things our Dem friends on the board won’t - Outsider MU - 3/7 08:37:20
          Nah, it's still Trump's fault - Sal CMSU - 3/7 08:44:15
          Trump lost though... - Gyro STL - 3/7 08:43:25
               Trump lost though...: I bet you actually believe this lie. - BH O'bonga MU - 3/7 08:54:41
               That you keep going to that is curious - 4TigersinMichigan MU - 3/7 08:46:24
     that would make for a fun summer of traveling (nm) - Sal CMSU - 3/7 08:36:54
     Keep us all in the loop(nm) - Gyro STL - 3/7 08:35:40




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