Re: Just for those...
From: Rick Moseley (ramoselpacbell.net)
Date: Mon, 5 Jan 2015 20:21:42 -0800 (PST)
Ahhhh...  Driving the Zamboni...  years ago, seems like another life.  Taught 
me more about car control and 4 wheel drifting than any driving school.  

Rides on the Zamboni...  It was a single seater.  Rides were late nights and 
involved some lap time.  

Memories.  




> On Jan 5, 2015, at 3:28 PM, Erik Nielsen <judge4re [at] gmail.com> wrote:
> 
> It's a pendulum. 
> 
> This game is still in the first period. They're still trying to decide who 
> gets to ride on the Zamboni...
> 
> Sent from my iPad
> 
>> On Jan 5, 2015, at 3:05 PM, Rick Lindsay <richardolindsay [at] gmail.com> 
>> wrote:
>> 
>> Yep. The only real cause of death is life.
>> 
>> I just don't like the U.S. losing control back to the Saudis. 
>> 
>> 
>> -------- Original message --------
>> From: Erik Nielsen
>> Date:01/05/2015 2:51 PM (GMT-06:00)
>> To: Rick Lindsay
>> Cc: The FerrariList
>> Subject: Re: [Ferrari] Just for those...
>> 
>> Rick:
>> The oil sector for the last hundred years can be summarized as:
>> 
>> Boom, bust, boom, bust, boom, bust, boom, bust.  Guess what comes next?
>> 
>> I knew when I was getting offers of $350k per year in 3Q14 to move to
>> Houston that the cliff was coming soon.
>> 
>> On a long enough time horizon, we're all dead, enjoy it while it lasts.
>> 
>> Erik
>> 
>> On Mon, Jan 5, 2015 at 2:25 PM, Rick Lindsay <richardolindsay [at] gmail.com>
>> wrote:
>> 
>>> Just for those of you who might believe that oil companies are the great
>>> Satan:
>>> 
>>> Small oil companies in the U.S. are considering exiting the sector. Some
>>> by choice. Others by necessity. Cost to produce ranges from $45/bbl for the
>>> most streamline companies, up to $60+/bbl for some majors. And that's just
>>> production, not reserves replacement (exploration).
>>> 
>>> My company is laying off all it's contractors, perhaps even me. America's
>>> oil shale industry will now be dominated by just a few larger, if still
>>> suffering operators. And all because Arabs are wrestling back control of
>>> the market. They don't care how low oil prices dip because they can't even
>>> spend all the money they get now!
>>> 
>>> So before we celebrate the short term gains of a $2 per gallon fillup,
>>> remember where we'll be tomorrow when the Saudis have regained master
>>> control.
>>> 
>>> -rick
>>> PS: With the Kroger fuel points card, I paid $1.45 per gallon!!!
>>> 
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