The investment has already been made to build the wells. I know it would suck,
but why not shut them down until the price goes up again, then just resume
production? Even under new ownership? Doesn't sound like a permanent problem
to me...
----- Original Message -----
From: Bill Prince
To: af@afmug.com
Sent: Tuesday, January 13, 2015 10:23 AM
Subject: Re: [AFMUG] Gas Prices
It's Saudi Arabia trying to squeeze out all the marginal producers.
Initially it will be Russia and some of the other marginals like Iraq & Iran.
Pretty sure the shale oil and tar sands guys are hurting big time right now.
bp
<part15sbs{at}gmail{dot}com>
On 1/13/2015 8:03 AM, Chuck McCown wrote:
I wonder what is really driving the price down. Fracking, OPEC diaspora,
CAFE improvements, Russia problems ???
From: Jeremy
Sent: Tuesday, January 13, 2015 8:54 AM
To: af@afmug.com
Subject: Re: [AFMUG] Gas Prices
Thanks Obama! (he gets blamed for EVERYTHING, right??)
On Tue, Jan 13, 2015 at 8:41 AM, Josh Luthman <j...@imaginenetworksllc.com>
wrote:
Same up here in Ohio.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
On Jan 13, 2015 10:35 AM, "joseph marsh" <bwireless...@gmail.com> wrote:
1.75 here in my area
On Jan 13, 2015 9:35 AM, "Vlad Sedov" <v...@atlasok.com> wrote:
$1.50 to $1.55 in oklahoma city.. crazy.
vlad
On 1/13/2015 9:32 AM, Travis Johnson wrote:
I never thought I would see gas prices this low. We have stations
at $1.71/gallon in our area right now. :)
Travis
