No booze no TP no meth?

[clob94]

Now that we are approaching lock down status (Walker County along with others have started locking down counties) how will this effect the drug addicted folks around us? Will they start breaking into homes to steal money? Even though everybody is at home-- and that would be a bad move. Anybody think there will be any pick up home invasions? Bell lives close enough to Canyon Lake and the meth cook houses that he'll probably be the first broken into---

 

[StrangerHorn]

Now that we are approaching lock down status (Walker County along with others have started locking down counties) how will this effect the drug addicted folks around us? Will they start breaking into homes to steal money? Even though everybody is at home-- and that would be a bad move. Anybody think there will be an pick in home invasions? Bell lives close enough to Canyon Lake and the meth cook houses that he'll probably be the first broken into---

There's gonna be more than that at the grocery stores, Abbott will call out the NG if there's any more shit at the Stores, they already fightin, hope they don't graduate to shootin! These people gone mad! Lord help us! HEB don't do shit! they be making the money!

 

[Belldozer1]

Now that we are approaching lock down status (Walker County along with others have started locking down counties) how will this effect the drug addicted folks around us? Will they start breaking into homes to steal money? Even though everybody is at home-- and that would be a bad move. Anybody think there will be an pick in home invasions? Bell lives close enough to Canyon Lake and the meth cook houses that he'll probably be the first broken into---

Then I guess that also means I’ll have the honor of teaching some poor looter the dire consequences of breaking and entering.

 

[2300 Nueces]

Now that we are approaching lock down status (Walker County along with others have started locking down counties) how will this effect the drug addicted folks around us? Will they start breaking into homes to steal money? Even though everybody is at home-- and that would be a bad move. Anybody think there will be an pick in home invasions? Bell lives close enough to Canyon Lake and the meth cook houses that he'll probably be the first broken into---

It's coming. We aren't there yet but give it 2 weeks. It will be worse in the cities but wisely they are rolling in the big guns before any looters can get started. Out in the country, we have backhoes.....

 

[Son of Wasatch]

Then I guess that also means I’ll have the honor of teaching some poor looter the dire consequences of breaking and entering.

Why did I get the image of Bell raping some poor defenseless methhead yelling Squeel like a pig

 

[clob94]

Why did I get the image of Bell raping some poor defenseless methhead yelling Squeel like a pig

That's funny right there.

 

[outhereincali]

Actually I read a story that the crime rate has dropped in a lot of cities. Sacramento has experienced a drop in the more serious crimes murder, b&e, etc. They should interview some cops get their input on the coronavirus in the communities they serve.

 

[clob94]

Actually I read a story that the crime rate has dropped in a lot of cities. Sacramento has experienced a drop in the more serious crimes murder, b&e, etc. They should interview some cops get their input on the coronavirus in the communities they serve.

Wait until the suicide numbers for 2020 are released. It will exceed covid deaths by an order of magnitude.

 

[Belldozer1]

Why did I get the image of Bell raping some poor defenseless methhead yelling Squeel like a pig

Really?

 

[Belldozer1]

That's funny right there.

You’re easily amused apparently

 

[clob94]

You’re easily amused apparently

Hold up--- who's the dude that comes on here talking about his corrugated tin sided trailer house with his above ground pool and white trash wife that starred on "My 600 pound life"?

Not clob.

 

[Belldozer1]

Hold up--- who's the dude that comes on here talking about his corrugated tin sided trailer house with his above ground pool and white trash wife that starred on "My 600 pound life"?

Not clob.

And that relates to rape how?

 

[clob94]

And that relates to rape how?

I don't think the rape part was serious. But if you took it seriously----

 

[Belldozer1]

I don't think the rape part was serious. But if you took it seriously----

When is it not? Pretty poor taste imo. I have no problem running myself in the ground on here but yeah I never really joke about that kind of crap.

 

[oldhorn2]

Bell....I just read distressing news on the oil patch . I worry for you son. When Haliburton and Baker Hughes start talking about being concerned if they will make it, who in that business is safe?

 

[speedstrength]

Shale oil is going face immense pressure over the next 5 years. Most shale oil projects are debt financed and smaller companies are heavily leverage and are operating at razor thin margins. Then you have low cost producers are tired of ceding market share to higher cost shale oil. For a while OPEC was cutting output to prop up oil prices which made shale oil projects economically viable. The Saudis didn't like that so they tried to flood the market with cheap oil in an attempt to drive shale oil producers out of business. It worked to some extent but well capitalized producers were able to withstand the short period of low prices.

Now we have demand destruction, and Russia who also wants to regain market share and drive shale oil producers out of business. So the Saudis went all in. AAramco put in guidance that investors should expect $30 dollars per barrel oil over the next 5 years with periods of oil as low as $15 dollars per barrel. I don't know of any shale producers who would be able to operate in that environment.

On the flip side, the infrastructure and technology are there. If oil creeps up in the the $40's there are lots of shale oil producers who with start operating again. If the technology improves and production cost come down then everything changes.

And on the flip of the flipside we are just one breakthrough in battery technology away from a paradigm shift in the energy markets.

 

[Belldozer1]

Bell....I just read distressing news on the oil patch . I worry for you son. When Haliburton and Baker Hughes start talking about being concerned if they will make it, who in that business is safe?

Not many will be safe probably and it’s unfortunate. My office is down to 4 people. I’ll be here to turn out the lights if it comes to that.

 

[Belldozer1]

Shale oil is going face immense pressure over the next 5 years. Most shale oil projects are debt financed and smaller companies are heavily leverage and are operating at razor thin margins. Then you have low cost producers are tired of ceding market share to higher cost shale oil. For a while OPEC was cutting output to prop up oil prices which made shale oil projects economically viable. The Saudis didn't like that so they tried to flood the market with cheap oil in an attempt to drive shale oil producers out of business. It worked to some extent but well capitalized producers were able to withstand the short period of low prices.

Now we have demand destruction, and Russia who also wants to regain market share and drive shale oil producers out of business. So the Saudis went all in. AAramco put in guidance that investors should expect $30 dollars per barrel oil over the next 5 years with periods of oil as low as $15 dollars per barrel. I don't know of any shale producers who would be able to operate in that environment.

On the flip side, the infrastructure and technology are there. If oil creeps up in the the $40's there are lots of shale oil producers who with start operating again. If the technology improves and production cost come down then everything changes.

And on the flip of the flipside we are just one breakthrough in battery technology away from a paradigm shift in the energy markets.

That’s all fine and dandy but you are discounting the Saudi’s break even point which is nowhere near $30 or $15. They are breaking themselves. Let’s see who blinks, their economy cannot sustain at the current prices

 

[speedstrength]

That’s all fine and dandy but you are discounting the Saudi’s break even point which is nowhere near $30 or $15. They are breaking themselves. Let’s see who blinks, their economy cannot sustain at the current prices

Saudi production cost are around $10 dollars a barrel but they finance a significant portion of their government off of oil production. I have seen estimates as high as $80 a barrel. However they have something we don't have. 1. a significant amount of foreign currency reserves and 2 a very low debt to gdp ratio so they can borrow money to cover shortfalls. I don't see the Saudis agreeing to cut production unless they get agreement from Russia, US, Mexico, and Canada. If they do manage to cut world wide production by 10 million barrels per day at the meeting on Thursday it will take a while for those cuts to come online and an even longer time to work through the surplus of oil given the drop in demand. In the meantime there are going to be some major headaches for US shale oil producers.

 

[oldhorn2]

Not many will be safe probably and it’s unfortunate. My office is down to 4 people. I’ll be here to turn out the lights if it comes to that.

I cant bring myself to put a like on this message because it is a crappy message....I mean damned unfortunate. I hope you come through this just fine.

 

[oldhorn2]

Bell....A few years back my wife's son was the plant manager for a sucker rod plant for Weatherford in North Texas. He had gotten a BIG bonus and great review when he was fired with the excuse they had "lost confidence " in him.Boom and bust business. I hope you come out ok.

 

[2300 Nueces]

Saudi production cost are around $10 dollars a barrel but they finance a significant portion of their government off of oil production. I have seen estimates as high as $80 a barrel. However they have something we don't have. 1. a significant amount of foreign currency reserves and 2 a very low debt to gdp ratio so they can borrow money to cover shortfalls. I don't see the Saudis agreeing to cut production unless they get agreement from Russia, US, Mexico, and Canada. If they do manage to cut world wide production by 10 million barrels per day at the meeting on Thursday it will take a while for those cuts to come online and an even longer time to work through the surplus of oil given the drop in demand. In the meantime there are going to be some major headaches for US shale oil producers.

Why are we defending a country set on our economic destruction? If I were in the military and had family members in the oil industry, I might be a little pissed.

 

[Belldozer1]

Bell....A few years back my wife's son was the plant manager for a sucker rod plant for Weatherford in North Texas. He had gotten a BIG bonus and great review when he was fired with the excuse they had "lost confidence " in him.Boom and bust business. I hope you come out ok.

I’ve been in this business for 25 years, been fortunate and blessed to have stayed employeed for 24.5 of those years. I’ve been through the ups and downs but this is somewhat of a different animal due to the virus and the Saudi/Russia issue all at the same time. We’ll see how it works out. If I didn’t work for a company that has large strategic acreage positions I’d be much more concerned than I am now. For us, we have far too much infrastructure in place to just close shop. We’ll see how things play out.

 

[clob94]

I’ve been in this business for 25 years, been fortunate and blessed to have stayed employeed for 24.5 of those years. I’ve been through the ups and downs but this is somewhat of a different animal due to the virus and the Saudi/Russia issue all at the same time. We’ll see how it works out. If I didn’t work for a company that has large strategic acreage positions I’d be much more concerned than I am now. For us, we have far too much infrastructure in place to just close shop. We’ll see how things play out.

Oxy is in huge trouble. They were going to acquire anadarko over chevron, but now Oxy is unloading it's assets. I got a call today about this very thing. Look for Chevron to gobble up oxy AND anadarko at a lower price than chevron was going to pay for just anadarko.

 

[oldhorn2]

Didn't Buffet just take a big position in Oxy?

 

[LonghornMM]

Oxy is in huge trouble. They were going to acquire anadarko over chevron, but now Oxy is unloading it's assets. I got a call today about this very thing. Look for Chevron to gobble up oxy AND anadarko at a lower price than chevron was going to pay for just anadarko.

Bro, Oxy has been in trouble for a while ever since they overpaid for Anadarko. They are one of my company's better customers and they are in pretty serious financial straits.

 

[Belldozer1]

Didn't Buffet just take a big position in Oxy?

Yes

 

[Belldozer1]

Bro, Oxy has been in trouble for a while ever since they overpaid for Anadarko. They are one of my company's better customers and they are in pretty serious financial straits.

Could just be me but had this virus/ Saudi fiasco not happened simultaneously, the Oxy/Anadarko deal had the potential to be a pretty good investment. Obviously $20 oil didn’t help anything out and only compounds Anadarko’s debt on over leveraged under productive acreage positions.

 

[dfh123]

Now that we are approaching lock down status (Walker County along with others have started locking down counties) how will this effect the drug addicted folks around us? Will they start breaking into homes to steal money? Even though everybody is at home-- and that would be a bad move. Anybody think there will be any pick up home invasions? Bell lives close enough to Canyon Lake and the meth cook houses that he'll probably be the first broken into---

What happened to the TP discussion? I know that I am pretty full of shit, but made it a point to use freely and monitor for the last two weeks—in two weeks, I have officially used 1 and a half rolls of TP. Why in the hell are people hoarding this?

 

[Belldozer1]

I need some clarification here: I was under the impression that social distancing was defined as being 6’ away from everyone but my wife just told me that if I come within 200’ of her she’s calling the police? Am I missing something?

 

[oldhorn2]

depends Bell....are you gonna believe her or the govt?

 

[clob94]

What happened to the TP discussion? I know that I am pretty full of shit, but made it a point to use freely and monitor for the last two weeks—in two weeks, I have officially used 1 and a half rolls of TP. Why in the hell are people hoarding this?

Makes no sense. I went to the HEB at 35 and 306 two weeks ago with some buddies of mine and we sat in the parking lot and openly mocked people leaving HEB with carts full of toilet paper. I told one lady it was akin to Africanized killer bees invading the US to kill us all, and people hoarding ping pong balls as a deterrent.

She didn't get the joke.