If You Are PLanning To Fill The Gas Tank....

[Hobbes]

In all honesty, while it may be really sh|tty for a lot of people... the cyclic nature is probably one of the reasons the industry perseveres despite naysayers preaching false narrative about peak oil. It acts like a reoccurring sterilization. Some good gets taken out as well, but for the most part it allows companies (At least the fiscally smart ones who can weather the storm) to shed the excess weight and retain its top performers. An industrial survival of the fittest.

Part of the reason why none of us will see it go away in our lifetime.

We finally arrived at the same destination.

It's cycles like these that drive the inefficient out of the market and rewards the best managed and positioned companies with more market share.
Survival of the fittest.
Absolutely vital process in the long run.

 

[yukonjack]

People saving $50-$300 a month has far less impact on the economy than several tens of thousands of employees without work. Are you people really that fecking dense that you cannot understand simple economics?

Sucks for them, good for the rest of us. The pendelum swings both ways.

 

[tRidiot]

I remember paying €6.50 for gas... back when the Euro was $1.35. That's almost $9/gallon for gas. It also led to €100 oil changes in a tiny 4-banger and €10 per litre quarts of oil.


I didn't see that as a good thing, personally.

 

[RidgeHunter]

In all honesty, while it may be really sh|tty for a lot of people... the cyclic nature is probably one of the reasons the industry perseveres despite naysayers preaching false narrative about peak oil. It acts like a reoccurring sterilization. Some good gets taken out as well, but for the most part it allows companies (At least the fiscally smart ones who can weather the storm) to shed the excess weight and retain its top performers. An industrial survival of the fittest.

Part of the reason why none of us will see it go away in our lifetime.

Exactly why it's asinine to cheer for the slumps. Nothing changes.

 

[WhiteyMacD]

Sucks for them, good for the rest of us. The pendelum swings both ways.

Not really.

 

[tRidiot]

Exactly why it's asinine to cheer for the slumps. Nothing changes.

While those working in the oil patch cheer for the booms.

As said... the sword cuts both ways.

 

[RidgeHunter]

I remember paying €6.50 for gas... back when the Euro was $1.35. That's almost $9/gallon for gas. It also led to €100 oil changes in a tiny 4-banger and €10 per litre quarts of oil.


I didn't see that as a good thing, personally.

This is what Whitey means when he says we have always had cheap fuel here.

 

[WhiteyMacD]

We finally arrived at the same destination.

It's cycles like these that drive the inefficient out of the market and rewards the best managed and positioned companies with more market share.
Survival of the fittest.
Absolutely vital process in the long run.

Alright, Ill edit the post to fit our opposition.

 

[RidgeHunter]

I'm sure low oil prices will help green energy and alternative fuel development.

 

[tRidiot]

This is what Whitey means when he says we have always had cheap fuel here.

Oh I understand the disparity more than most Americans, having lived overseas for several years. But I also don't cheer the booms that fuel the energy industry when it cripples other industries... all those costs eventually get passed on to the consumer - and further fueling inflation.