Our shit ass luck is gas goes to $4.00 over the summer, the public hates Trump even more because of gas prices, Biden has a medical issue and is replaced by Bernie, Bernie wins in a landslide and thinks itās a referendum on him and the first thing he does is ban fracing and drilling on Fed land just as the industry starts to recover. That would be our luck.
Not to get too CR
We are fairly similar but donāt use quite my full salary. Major downer is not only O&G in the dumpster but I have a hospitality side hustle investment that could very well go tits up too with all of the SiP orders.
I regularly tell my wife that we can not live the lifestyle that my income would normally allow because there is no stability in it. If I was a doctor or something that didnāt live in fear of a crash every day sure we could buy that new house or take the big trips but we should probably live like I make ā -½ of what I really do. We still live a great life but nowhere near what someone would expect at our AGI.
I was a reluctant Teams user at first but have come to really like it.
Pro tip you can mute people in a meeting if they canāt figure out that having a phone and computer both on can cause reverb.
Thatās what I was thinking on the SI. There are lots of old strippers holding BLM leases all over SENM. I think state of NM leases have a 60 day production cessation clause unless there are takeaway issues, maybe the refineries scaling back would fulfill that clause.
Well shit this thread is going to turn into LinkedIn for me where I stay away to avoid all of the lay-off notices.
Sorry to hear hopefully your are as prepped as @Eastwood
Will be interesting to see how the SIs affect the rebound once we get back to some sort of normal after Corona. Will the reduced supply speed up price increases? I know refineries are taking capacity offline so some operators will be forced to SI.
āSenate Minority Leader Chuck Schumer said in a letter to senators Wednesday Democrats had eliminated from the legislation a, ā$3 billion bailout for big oil.ā
Small oil can take that $3B.
Same here. What ideas are you kicking around?
Iād try to hustle some O&G gigs but am considering everything from math teacher to a masters in engineering. Part of it is I need to decide if I want to stay in a 24/7 connected white collar gig or move to a more 9-5 clock in and out.
Things I have kicked around but not deep into:
Teacher (math probably)
Engineering with existing undergrad (Petroleum so could be tough)
Masters in Mechanical or something more widespread
Electrician
OTR Trucking