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Ouch - gas @ $1.35/gallon

Ouch - gas @ $1.35/gallon

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by: donnatella Active Indicator LED Icon 13 Forum Moderator  OP 
~ 8 years ago   Feb 17, '16 5:49pm  
Very painful for the oil and gas industry. 4951
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Cajunmom Active Indicator LED Icon 5
~ 8 years ago   Feb 17, '16 5:51pm  
Not good.  Not good at all. 4951
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Heathur Active Indicator LED Icon 12
~ 8 years ago   Feb 17, '16 6:07pm  
I'm loving it. We're road tripping every other weekend. With our crossover SUV getting 30 MPG, we're able to travel around Tx & Louisiana for $60 round trip! I foresee lots of camping in our future! Will be taking advantage of these prices as much as possible! 4951
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donnatella Active Indicator LED Icon 13 Forum Moderator  OP 
~ 8 years ago   Feb 17, '16 6:30pm  
I would rather pay more if it saves a few jobs. Those in the industry are really hurting and losing their jobs. 4951
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Stealth83 Active Indicator LED Icon 16
~ 8 years ago   Feb 17, '16 6:37pm  
Removed By Request 4951
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foxymama Active Indicator LED Icon 14
~ 8 years ago   Feb 17, '16 6:37pm  
Reminds me of when I was in college in the 90's and gas was 99 cents a gallon.   4951
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Safety44 Active Indicator LED Icon 5
~ 8 years ago   Feb 17, '16 6:40pm  
I'm afraid gasoline at double the price wouldn't help the oil and gas workers.
 
I'm sorry, but this is not a gasoline price driven turndown. 4951
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foxymama Active Indicator LED Icon 14
~ 8 years ago   Feb 17, '16 6:42pm  
Might as well enjoy the prices while they last.   4951
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Txbutterfly Active Indicator LED Icon 12
~ 8 years ago   Feb 18, '16 8:45am  
We lost 14 more last week to layoffs, the O&G field is a scary place to be right now.  Especially service related companies.  If he wells are not operating, there is no work for us.  US wells are below 500 count for the first time snce the 80s.  Yes, enjoy the prices while you can, and yes, the prices will not make much of a difference in the industry at this point.  Just helps those out of work to not have to pay as much while searching. 4951
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2danes Active Indicator LED Icon 4
~ 8 years ago   Feb 18, '16 8:52am  
My hubby was working in the oil field. Before all this his district has 20 rigs going. Now they have 2. It's so sad. 4951
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beadweaver Active Indicator LED Icon 8
~ 8 years ago   Feb 18, '16 9:05am  
I ran my car to one gallon because gas was $1.35.
The day before I was only down a 1/4 so I didn't mess with it but gas was $1.32 the day before.
My husband needs a brake job so took my car. He filled up and got change for the $20. It was costing me $50 so putting the extra cash away in a separate account with the monies I would have paid on bills I chose to pay off instead of buying more junk at Christmas.
4951
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buffaloglenn Active Indicator LED Icon 11
~ 8 years ago   Feb 18, '16 9:12am  
The oil renaissance that made our country less dependent on foreign oil is over, for now at least.  We will buy more Saudi and Canadian crude as they are cheaper supplies than new domestic production.  I hope everyone in the industry saved while they could.  4951
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friday1 Active Indicator LED Icon 9
~ 8 years ago   Feb 18, '16 9:12am  
Its a big circle one side suffers just because you work in the service industry doesn't mean you wont feel the loss of wages. Houston is oil based and the train is slowing down.  4951
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friday1 Active Indicator LED Icon 9
~ 8 years ago   Feb 18, '16 9:14am  
I see more homes sitting vacant longer. Everything is hunky dory 4951
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donnatella Active Indicator LED Icon 13 Forum Moderator  OP 
~ 8 years ago   Feb 18, '16 9:53am  
For people not in O&G, they are loving their bubble of cheap gas.  Sure, it's nice to fill up for next to nothing, but what they don't understand is that will eventually trickle down and negative affect them.  Businesses that are indirectly related will also suffer.  No one wants to return to near $4.00/gallon prices, but again, dirt cheap isn't good either.  4951
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fcabanski Active Indicator LED Icon 16
~ 8 years ago   Feb 18, '16 10:00am  
It's very good. 4951
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