For all the people say the oilfield is dying....
Discussion in 'Oilfield Trucking Forum' started by bonder45, Feb 6, 2021.
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D.Tibbitt, Crude Truckin' and JoeyJunk Thank this.
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WTI is at $62.40 right now.
I find it hard to believe the oilfield would be dying when the barrel price is high enough for most producers to be profitable.Lite bug, God prefers Diesels and Crude Truckin' Thank this. -
tommymonza and Brettj3876 Thank this.
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A lot of investors are a little gun shy about putting there money into the oil fields. Things will not ramp up as fast as most would like.
Bret1984, God prefers Diesels and JoeyJunk Thank this. -
get ready for much higher prices at the pump
the problem is we aren't going to produce oil here. we're going to have to import it.
last time oil was 100$ we produced most of our supply. not anymore
the economic policies are going to be catastrophic for anyone in oil. bidens first day he ended the keystone pipeline. it's only going to get worse they have their 0% carbon by 2030 agenda ready to go in full motion -
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CorsairFanboy, Dino soar, bzinger and 3 others Thank this.
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For the guys still in the patch...I hope for the best. -
I hated being on call doing cement. it was 3rd party work driving schlumberger trucks just pre loading jobs for the cement crew/ + moving silos around. We moved frac equipment too. My dad was with Superior Well Services and then Nabors when they bought out Superior for 5 years. He had a tit job tho, supervising the bulk equipment. They tried getting him on the cement pump but he wanted nothing to do with that.
We talked about it already. The only way we'd go back is hauling sand if the rates came back up to STUPID money. Keep the 2 trucks we have now pulling vans and buy a 3rd truck, a day cab and hire 2 full time drivers for night/day. And a 3rd part time guy for when they're on days off. Nothing fancy, an old R model Mack that's almost impossible to kill LolGod prefers Diesels Thanks this. -
all kinds of start-up companies coming out of the wood work. Seems everybody
and his neighbor think they are going to lease a truck, hire a driver, and sit back
and watch the money pour in.
Some go so far as giving the driver the brokers number and the "company" driver
is going to do all the work. No shop, no established customer base, no experience
at all.............I guess they figure they can always blame the driver if anything goes
wrong.
DOT numbers crossed the one million mark not that many years ago.....now it is
getting close to the 4 million mark. Small "hole-in-the-wall" outfits everywhere.
Out of a hundred ads there are likely only one or two with a decent, well-established
company. Rest are garbage.4wayflashers and brank Thank this.
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