In a holding pattern

I remember Roadrunner Road in Malaga NM, one of the drivers broke down out there. I went out to pick him up and assess the truck (broke both fuel pickup tubes), and since I was already out north of there came in off Black River Village road. The next day taking him back out to limp the truck in he tells me to go the way he went in there, off Whites City road. I now know why the pickups broke off, I barely made it through there in a 4x4 Dodge dually toilet tanker.

 

There are some really bad roads around here. NMDOT does a sorry job with the paved roads. Judging by the shape of the dirt roads, I'm guessing they don't own a maintainer.

 

Almost to that 20 dollar mark eeeeeekkkk!!!!!!

 

Isn't that a good thing after paying all those high priced fuel the last few years ? I filled up last night at a Chevron $1.99 a gallon of diesel in So. Cal.

 

frac sand company i just left just dumped 30, one year old heil pneumatics because of lack of work (i'd day 25-30% of their fleet)... thinking that's just gonna be the tip of the iceberg for them...

then oil pro says oil popped a bit over $30 for a bit today, but don't see that lasting for a long time. http://oilpro.com/post/21723/here-are-the-5-big-reasons-oil-is-back-above-30-up-6-on-thursday

then there's Schlumberg that confirming today the 10,000 layoffs it proposed late last year...http://oilpro.com/post/21730/schlumberger-lays-off-10000-more-buy-back-10bn-stock

and Southwest Energy just cut like 45% of their workforce, 1,100 jobs today as well...http://bigstory.ap.org/article/3419...thwestern-energy-cut-1100-jobs-amid-oil-slump

but at the same time, Chalk Mountain is STILL moving a ton of sand for EOG. in both pneumatics and bottom hoppers from south of ft worth going towards mid to south Texas...

so who knows what's gonna happen.

 

With the price of fuel as low as it is it works out to about a $700 per day loss as a company driver. I'd rather pay five or $6 a gallon and gross $1,000 a day.

 

Closed at 29.53 today

 

I dont get it......so where were the frac haulers and oil field drivers doing back in the day when fuel was around a $1.00 a gallon? I understand we started drilling our own oil due to the high price of oil, so did that create jobs while the rest of us where getting in the rear paying for high fuel ? And now the tables have turned for who knows how long, so your saying now is keep the high priced fuel. Dont get me wrong, we all need a job but I'm trying to understand some kind of logic behind this.

 

i'm for one not for $100 oil, i'd be happy with $50.(lol i too have a 30 gallon tank on my pickup) Lots of folks could go back to work at that price. don't see it happening in the near, 2-3 yr future. with Iran coming back on line, and with them trying to compete with the Saudis to be #1 oil is gonna be cheap for a while. mix in what russia decides to do and who knows.
Bout the only thing i can think of that would cause a quick spike might be iran and the saudis actually getting in a war. i mean they kinda are in a proxy war now in other countries, but when the saudis executed that cleric it really po'ed the iranians.

 

The problem is the companies that have been gouging us the last 10+ years were spending profits like they had just won the lotto. They should of been alot more conservative and planned for rough times. Also, to the drivers out there that were making 6 bucks + a mile hauling the crap, same goes to them, they should of saved and not spent it like it was xmus.

The bubble needed to pop and im glad it did, was sick of getting gouged.