Gas prices

[Top Dawg]

Originally Posted by eman

$1.75 gal. today at costco

Woohoo!!!!! Bout time the workin folk get a break

[B.B.]

http://theeconomiccollapseblog.com/a...-economy-crazy

Real good read for those that think lower prices at the pump is a good thing!

[DirtyD]

Originally Posted by B.B.

http://theeconomiccollapseblog.com/a...-economy-crazy

Real good read for those that think lower prices at the pump is a good thing!

Yea, the layoffs are coming. Louisiana and Texas will feel most of the heat. Lots of mom and pop oilfield companies won't make it and bigger companies have already started trimming down. I shake my head when people say low oil prices are a good thing.

["W"]

Low gas prices are a economy killer for Louisiana

Thousands will get laid off if prices don't come back up after the new year and it will be a trickle effect
Starts with oilfield workers , then machine shops , hot shot drivers , small independent companies ..

Low oil prices effect way more than the oil field workers it effects millions of people and Texas & La will be hit the hardest

So when you enjoy your $30 fill up remember someone is losing a job at the same time because of It

[marty f]

Originally Posted by B.B.

http://theeconomiccollapseblog.com/a...-economy-crazy

Real good read for those that think lower prices at the pump is a good thing!

This is a very good explanation of how this effects everyone, cheap gas seems good at first and is a immediate and tangible aspect when at the pump but the big picture is you may have saved 30$ when filling up your boat today but in 6 months you may not be able to even make the boat payment due to job lose

good read, I read a very similar articles about a week ago and it really dug deep into the ripple effects.

Example thats close to home..... good ol John thats got a job as a tool maker in mom and pops oil tooling company for the last few yrs came down to big lake or venice 2 or 3 times a year and hired a guide to fish. Well mom and pop have had to cut back due to the demand for their tooling has been cut by 20% or more, so mom and pop cut back 30% this means good ol John just lost his 30$ an hr job and has to decide to either make his truck payment or hire a fishing guide . So now the guide is having to cut back on his expenses due to lack of customers, so no new boat for the guide next yr. Boat production goes down this means good ol mike now at the boat plant has too look for a new job . Now that there isn't as many workers at the boat plant the food truck that came by at break time isnt coming by, food truck guy is loving the cheap gas but dosent understand why he is losing customers.... its gets crazy stupid .

[alphaman]

Obama s fault 😬

["W"]

Originally Posted by marty f

This is a very good explanation of how this effects everyone, cheap gas seems good at first and is a immediate and tangible aspect when at the pump but the big picture is you may have saved 30$ when filling up your boat today but in 6 months you may not be able to even make the boat payment due to job lose

good read, I read a very similar articles about a week ago and it really dug deep into the ripple effects.

Example thats close to home..... good ol John thats got a job as a tool maker in mom and pops oil tooling company for the last few yrs came down to big lake or venice 2 or 3 times a year and hired a guide to fish. Well mom and pop have had to cut back due to the demand for their tooling has been cut by 20% or more, so mom and pop cut back 30% this means good ol John just lost his 30$ an hr job and has to decide to either make his truck payment or hire a fishing guide . So now the guide is having to cut back on his expenses due to lack of customers, so no new boat for the guide next yr. Boat production goes down this means good ol mike now at the boat plant has too look for a new job . Now that there isn't as many workers at the boat plant the food truck that came by at break time isnt coming by, food truck guy is loving the cheap gas but dosent understand why he is losing customers.... its gets crazy stupid .

Your right

I have several big oil companies salesman that use my guide service a lot for there customers every year ..
I'm sure they will not book near what they did this year if oil prices keep falling

Just think about it for all the full time guides who lively hood depends on oil money

Most of your big guide outfits are powered by oil companies who book lots of boats

1st cut of a budget is entertainment !!


This is main reason I will not go full time guide until I retire with 30 years with my company

[PaulMyers]

Originally Posted by "W"

This is main reason I will not go full time guide until I retire with 30 years with my company

Very smart move on your part!

[PUREBAY2200]

What is the exact percentage of people in Louisiana that are directly related to oil and gas.
Drilling, production, refining , sales.

Just wondering.

And if yall think for 1 second that the Nation or the government or OPEC or any big other group is going to raise gas prices Bc people in LA are hurting financially..... It's not gonna happen.
We're not Texas, we can't force our will / needs on others.
Adjust, or get a new job.
I was in the financial sector for 7 years, I didn't like where it was going and how my life/income was being dictated by goverment / company rules, laws & regulations. So I moved on to a new career and I've never been happier and I love what I do.
That's just my opinion.
Merry Christmas

["W"]

Originally Posted by PUREBAY2200

What is the exact percentage of people in Louisiana that are directly related to oil and gas.
Drilling, production, refining , sales.

Just wondering.

And if yall think for 1 second that the Nation or the government or OPEC or any big other group is going to raise gas prices Bc people in LA are hurting financially..... It's not gonna happen.
We're not Texas, we can't force our will / needs on others.
Adjust, or get a new job.
I was in the financial sector for 7 years, I didn't like where it was going and how my life/income was being dictated by goverment / company rules, laws & regulations. So I moved on to a new career and I've never been happier and I love what I do.
That's just my opinion.
Merry Christmas

I would say 70% of jobs on La and Texas have some kind of oil industry related or maybe higher %

[PUREBAY2200]

And yall talk about people acing 30$ at the the pump causing someone to lose a job.
How about when it cost someone another 120$ ( 4 fill ups a month) and they have to decide ... Pay a bill or buy good with that, or invest in thier retirement or whatever else.
Now that hurts people too bc I as a consumer have less money to spend in local stores , invest in the market and save in my bank acct.

[PUREBAY2200]

Originally Posted by "W"

I would say 70% of jobs on La and Texas have some kind of oil industry related or maybe higher %

W ; Merry Christmas to you and your family!
I appreciate that you replied, I appreciate that you share your views from inside the eyes of an oil and gas worker.
But I want a real number. Not a best guess estimate. I have no ties to oil and gas, I know a lot about it Bc of my past, but I don't know 1/3 of what you do.

I just want to know how many people are directly tied and could be effected by the cut backs of oil companies due to the low oil / gas prices.

["W"]

Originally Posted by PUREBAY2200

And yall talk about people acing 30$ at the the pump causing someone to lose a job.
How about when it cost someone another 120$ ( 4 fill ups a month) and they have to decide ... Pay a bill or buy good with that, or invest in thier retirement or whatever else.
Now that hurts people too bc I as a consumer have less money to spend in local stores , invest in the market and save in my bank acct.

Well I can tell you this most middle class jobs are oil related in some way , from the tire man selling tires to the hot shot driver delivering cargo

There is a small amout of people who it does not effect like retail workers , government employes , teachers , fast food workers , Military and land scapers

But for the most part oil effect lots of jobs and not only in La and Texas but other places

Even the casinos are oil dependent

[PUREBAY2200]

There are 50,455 public teachers in Louisiana as of October 1, 2014 ( that's when schools turn in enrollment and staff numbers)

[PUREBAY2200]

64,669 workers were employed in the extraction, pipeline and refining industries in 2013 --- A number approximately equal to the 2012 population of Acadia Parish, the 18th most populous parish in the state.

Here is the link
http://www.lmoga.com/issues-initiatives/economic-impact

["W"]

Here is a good read about how much money the oilfield makes Louisiana
http://www.houmatoday.com/article/20...0101/910299932

["W"]

Originally Posted by PUREBAY2200

There are 50,455 public teachers in Louisiana as of October 1, 2014 ( that's when schools turn in enrollment and staff numbers)

50,455 teachers are paid by who ??? Tax money revenue from oil industry

[marty f]

Originally Posted by "W"

50,455 teachers are paid by who ??? Tax money revenue from oil industry

My wifes a school teacher in Desoto parrish, it is by far the "richest" school parrish, teacher get bonuses, pay is high teacher are on a waiting list to get in here, hell even the high school students are issued Ipads to replace books, and why? Hansville shale fracking tax revenue hell the local sheriff bought a helicopter for enforcment, CASH!

["W"]

Originally Posted by marty f

My wifes a school teacher in Desoto parrish, it is by far the "richest" school parrish, teacher get bonuses, pay is high teacher are on a waiting list to get in here, hell even the high school students are issued Ipads to replace books, and why? Hansville shale fracking tax revenue hell the local sheriff bought a helicopter for enforcment, CASH!

Your right , people forget how the oil field supports so much of the south in every kind of way possible

One is what you just posted !!!

Myself , I don't mind paying $3 a gallon

[Top Dawg]

Seems like they shoulda been saving money for low oil prices instead of buyin iPads and helicopters.