Oil price going up up up

Discussion in 'Oilfield Trucking Forum' started by Luke628, Jan 10, 2018.

  1. Oilfieldmike

    Oilfieldmike Medium Load Member

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    Can’t really depend on the news since they all keep saying Everything will crash. They all say $55 in 2018

    OPEC could cut back even more.... it’s all a guessing game
     
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  3. The Crossword Trucker

    The Crossword Trucker Road Train Member

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    Not to mention no one knows what is going to happen with Venezuela this year. That country is falling apart and they have huge oil reserves.
     
  4. Bob Camden

    Bob Camden Bobtail Member

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    powers that be will not let it get that high again. I hope i have to eat my words :)
     
  5. Oilfieldmike

    Oilfieldmike Medium Load Member

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    Electric cars will slow demand. Probably why they are only predicting $58 a barrel. OPEC tried to kill electric cars by dumping cheap oil just like they did in ‘98. Won’t work this time.
     
  6. Crude Truckin'

    Crude Truckin' Alien Spacecraft

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    Bakken is taking off again. Just got another 2 dollar raise last week. Should be another good year.
     
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  7. The Crossword Trucker

    The Crossword Trucker Road Train Member

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    Where does that put your hourly rate if you dont mind me asking?
     
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  8. Crude Truckin'

    Crude Truckin' Alien Spacecraft

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    30+. Overtime over 40 hours. Paid 10 hours standby a day, even if we don't do anything. End of 2017, standby came in handy for the end of year slowdown. Happens every year.
     
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  9. The Crossword Trucker

    The Crossword Trucker Road Train Member

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  10. Crude Truckin'

    Crude Truckin' Alien Spacecraft

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  11. PandaPancake

    PandaPancake Light Load Member

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    We're looking for people like crazy. It's a good place with rates going up in February
     
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