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I could see it going into the 100s if near term global fears can affect short term emotions and cause immediate long term effects. But only if people act correctly like me. People are irrational.

-Rex

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  • Pescado_Rojo
    Pescado_Rojo

    I bet you could score a Lafayette 10 for a mani/pedi gift card and a pound of boudin right now.  I was sitting in a Starbucks by the med center in Laffy once, and a brand new white Escalade, lift

  • If you're Trump right now, you're watching Fox News, eating a cheeseburger, and getting mad about the lyin' media and preparing your next tweet about how some lupus treatment should be given to your s

  • fattyflattie
    fattyflattie

    My time finally came last Friday AM. I have survived around a dozen, give or take 1-2, since ‘08.  I was consulting for a project set to go in ‘22, but with all the uncertainty, it sounds like they’ve

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oxy selliing off their chem unit at the low in the market 

how did hollun survive over paying for anadarko ?

27 minutes ago, tx 3 putt said:

oxy selliing off their chem unit at the low in the market 

how did hollun survive over paying for anadarko ?

Don’t chem plants print money when crude prices are in the shitter?  

52 minutes ago, tx 3 putt said:

oxy selliing off their chem unit at the low in the market 

how did hollun survive over paying for anadarko ?

Putin invaded Ukraine. Oxy would have gone bankrupt without that increase in prices.

On 10/2/2025 at 1:01 PM, tx 3 putt said:

oxy selliing off their chem unit at the low in the market 

how did hollun survive over paying for anadarko ?

Lol. Berkshire tells Oxy what to do. Uncle Warren owns almost 30% of the company. 

Edited by billfromlaketravis

19 minutes ago, billfromlaketravis said:

Lol. Berkshire tells Oxy what to do. Uncle Warren owns almost 30% of the company. 

 

he's kept hollub in her place 

  • 4 weeks later...

Big merger news today for some Houston and Denver folks:

Quote

 

SM Energy and Civitas Resources announced an all-stock merger valued at about $2.8 billion in equity, or $12.8 billion including debt, creating one of the largest independent U.S. shale producers by output and acreage. 

According to Reuters, the combined firm will operate under the SM Energy name and be headquartered in Denver, overseeing roughly 823,000 net acres across the Midland, Delaware, and DJ basins. Management projects more than $1.4 billion in 2025 free cash flow and up to $300 million in annual cost synergies through consolidated drilling programs, logistics, and overhead savings.

 

Funny enough, I ran into some SM guys at a golf thing earlier today and they had just learned of it at the same time as everyone else, via press release.

2 hours ago, Storm the Field said:

Big merger news today for some Houston and Denver folks:

Funny enough, I ran into some SM guys at a golf thing earlier today and they had just learned of it at the same time as everyone else, via press release.

Permian guys love to shit on the DJ because it’s not a crude play, yet deals like this keep happening. 

Chevron bought PDC in May 2023. 

Nat Gas at $4.53 at market close today (highest price since 12/29/22).

Edited by Storm the Field

4 hours ago, Storm the Field said:

Nat Gas at $4.53 at market close today (highest price since 12/29/22).

Nat gas (and ammonia) need to cool their jets. 

17 minutes ago, UT_OB1 said:

Nat gas (and ammonia) need to cool their jets. 

 

killing ethylene 

Some of the mid-range weather forecasts for the first 2 weeks December are putting another shot of cold weather into the Great Lakes.

Starting to see the first drilling permits for dedicated lithium production showing up in the RRC system. Mostly Hopkins County, near Sulphur Springs.

Starting to see the first drilling permits for dedicated lithium production showing up in the RRC system. Mostly Hopkins County, near Sulphur Springs.

We hunt in Franklin County and there is a lot of talk about it in Mt Vernon.
1 hour ago, T’Boo Ted Marshall said:


We hunt in Franklin County and there is a lot of talk about it in Mt Vernon.

Lots of competitive lithium leasing going on up in that neck of the woods. XTO is getting pretty big into it, but there are also several small startup companies. We've just recently started to dip our toes into writing lithium opinions. Methinks you're going to see a noticeable uptick in TX title attorneys adding Arkansas licenses in the near future.

CR warning: 

Trump Admin is back to trying to cajole Ukraine into a shitty surrender deal and Sec. Bessent is out talking about how oil prices can really come down if Venezuela gets toppled. SMDH.

  • 2 weeks later...
25 minutes ago, Storm the Field said:

Natty hits $5 for the first time since Xmas Eve '22. 

 

just in time for that euro winter 

  • 2 weeks later...

shitty news ...

Houston-based Westlake Corporation is closing three of its Louisiana plants, citing difficult market conditions.

Operations will end this month, and the closures will eliminate positions for around 295 employees at its Aberdeen and Lake Charles plants, according to a Dec. 15 news release.

1 hour ago, Captainant said:

I wonder if invading Venezuela for their oil will help or hurt oil markets

More supply means lower prices. 

7 hours ago, Goofyboy said:

Oil prices are already crashing. $55. Yay.

Sucks for Techs NIL fund 

8 hours ago, UTPhil2006 said:

Sucks for Techs NIL fund 

Shit, homeboy cashed his billions already. Doesn’t impact him/them

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