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Goooh 12-27-2014 06:39 PM

Quote:

Originally Posted by "W" (Post 734258)
Late 2008 oil fell to $30 a bbl

And I'm sure you was still in high school but for most of us we lost thousands in the market and 401ks

Also unemployment was at a high


Wasn't there a housing bubble that burst and some weird things going on with banks too? It wasn't in my history books yet.


Sent

Goooh 12-27-2014 06:47 PM

There is a slow down along with an unusual surplus of oil, the world is producing 92mil bbl/day and consuming 91.

Supply and demand baby




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"W" 12-27-2014 07:11 PM

Quote:

Originally Posted by Goooh (Post 734262)
Wasn't there a housing bubble that burst and some weird things going on with banks too? It wasn't in my history books yet.


Sent

Yep and what controls the market ?????



















Oil






Oil










Oil










Oil







Oil






High oil prices high market
Low oil prices poor market



High oil prices more jobs
Low oil prices less jobs

Top Dawg 12-27-2014 07:38 PM

Market still pretty high and goin up

"W" 12-27-2014 07:48 PM

Quote:

Originally Posted by Top Dawg (Post 734267)
Market still pretty high and goin up

right now because a lot of people are moving a ton of energy stocks into safe dividend stocks like MSTF, APPLE, and PG..

Moving out of aggressive into sit and hold mode and let Div pay you until energy stocks show some come back

Goooh 12-27-2014 09:00 PM

1 Attachment(s)
Quote:

Originally Posted by "W" (Post 734264)
Yep and what controls the market ?????







































Oil













Oil





















Oil





















Oil















Oil













High oil prices high market

Low oil prices poor market







High oil prices more jobs

Low oil prices less jobs


Attachment 80237


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"W" 12-27-2014 09:53 PM

1 Attachment(s)
Good graph but I'm going to size it up better in last 15 years this was were oil made it's climb in history

We never saw $100 bbl oil until 2008 but the climb started in late 2002 or 2003 when we started seeing $50 ,$60 , $70 , 80 and 90 bbl oil

Once we saw this power surge on the oil industry it has become black gold and started having much move power to the market as you see on your chart

The gap closed as oil became the most valued commodity to the US

Goooh 12-27-2014 11:20 PM

Gas prices
 
Quote:

Originally Posted by "W" (Post 734290)
Good graph but I'm going to size it up better in last 15 years this was were oil made it's climb in history



We never saw $100 bbl oil until 2008 but the climb started in late 2002 or 2003 when we started seeing $50 ,$60 , $70 , 80 and 90 bbl oil



Once we saw this power surge on the oil industry it has become black gold and started having much move power to the market as you see on your chart



The gap closed as oil became the most valued commodity to the US


Very impressive job cropping that graph, and interpreting it. Did you even read it? We had $100 bbl oil way before 2008, but you cut that part out.

I never knew it got its nick name of "black gold" in the last 15 years


Sent

irokcj5 12-28-2014 12:11 AM

Yeah, Flatt and Scruggs invented Black Gold.��

PUREBAY2200 12-28-2014 12:22 AM

Quote:

Originally Posted by Goooh (Post 734298)
Very impressive job cropping that graph, and interpreting it. Did you even read it? We had $100 bbl oil way before 2008, but you cut that part out.

I never knew it got its nick name of "black gold" in the last 15 years


Sent

Hahahaha
W showing off those GED skills with graph reading and history facts!!

Man this thread is Winning!!

PotLikinisAhabbit 12-28-2014 12:59 AM

Goooh got my side hurting lol.

"W" 12-28-2014 07:47 AM

1 Attachment(s)
Quote:

Originally Posted by Goooh (Post 734298)
Very impressive job cropping that graph, and interpreting it. Did you even read it? We had $100 bbl oil way before 2008, but you cut that part out.

I never knew it got its nick name of "black gold" in the last 15 years


Sent

O really please show me where oil has hit over $100bbl before Jan 2008

I have all day Mr oil guru

Lmao

Dude like I said you were i high school when I started in the oil business

"W" 12-28-2014 07:54 AM

HEY GOOO made it real easy for you MR Oil GURU of 2 years

http://lmgtfy.com/?q=1st+time+oil+hit+%24100+a+barrel

"W" 12-28-2014 11:16 AM

Guess I put Gooh and Edwards to rest !!

Edwards one good thing about cheap oil , you can buy your sickers for your truck , ice chest , tackle box lot cheaper now !

Goooh 12-28-2014 11:27 AM

Lmao, hook sets so hard....


Sent

Goooh 12-28-2014 11:30 AM

The best part is W recruited at least 3 people to triple check that graph on his birthday.


Sent

"W" 12-28-2014 11:41 AM

Quote:

Originally Posted by Goooh (Post 734322)
Lmao, hook sets so hard....


Sent

You mad mad mad

Because I just mad you look full retard


Go play with what ever you play with but when it comes to my job which I deal with oil and gas sales every day
I will make you look stupid

Mr oil hit $100 way before. 2008
Lmao

Goooh 12-28-2014 01:33 PM

Quote:

Originally Posted by "W" (Post 734327)
You mad mad mad



Because I just mad you look full retard





Go play with what ever you play with but when it comes to my job which I deal with oil and gas sales every day

I will make you look stupid



Mr oil hit $100 way before. 2008

Lmao


L M A O, you're a genius


Sent

alphaman 12-28-2014 01:55 PM

1.99 in lafayayette university and I10

Goooh 12-28-2014 02:00 PM

1 Attachment(s)
Quote:

Originally Posted by "W" (Post 734327)
You mad mad mad



Because I just mad you look full retard





Go play with what ever you play with but when it comes to my job which I deal with oil and gas sales every day

I will make you look stupid



Mr oil hit $100 way before. 2008

Lmao


You don't sell Sh**

Attachment 80259


Sent


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