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Posted
12 minutes ago, trigger_andy said:

Brent Crudes trading at $27 a barrel just now. Norway invested heavily in the kind of tech I do for a job.

 

WWW.HALLIBURTON.COM

Halliburton Intelligent Completions is the world's leading provider of intelligent completion technology to the upstream...

 

Meaning that the initial outlay for Drilling and Completing a well is very expensive, (yet recouped in a matter of weeks of production) but this results in a break even point of low $20's for many Platforms we work on here. Thats including having most guys here on 2 weeks work and 4 weeks off, all the tax the Producers have to pay etc.   

 

Not sure about the UK these days though? Even with the crap conditions and 3x3 rotations the boys have there the UK's break even point is most likely still above $30. In 2016 it was low to mid $40's. 

 

Im putting 10% of my Salary into my Companies Stock as we have a very good deal. :)

Interesting, thanks. A safer bet than Shell (which could theoretically go bust if banks stop lending) would have been say fifteen, twenty grands worth of physical crude in barrels under a tarp in the back garden. No sell by date, it keeps well from what I can gather

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Posted
1 minute ago, woody paul said:

Been into Sainsburys this morning not any cat or dog food on the shelves has it got that bad.

...... So even the bloody dogs and cats are panic buying now !!  Wot is wrong with UK ? K

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Posted
1 minute ago, woody paul said:

Been into Sainsburys this morning not any cat or dog food on the shelves has it got that bad.

Yeah its that bad,our dog is diabetic so has Harringtons which is a good food for diabetics, and struggling to get that at the minute

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Posted
40 minutes ago, gary112 said:

Yeah its that bad,our dog is diabetic so has Harringtons which is a good food for diabetics, and struggling to get that at the minute

Loads of foods in all the vets. Expensive yes, but better having something than nothing 

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Posted
1 hour ago, Khriss said:

...... So even the bloody dogs and cats are panic buying now !!  Wot is wrong with UK ? K

I recently got a bag of dried food for the dog so no problem there for a few weeks.

 

I was unable to buy bread and eggs  in the village, don't need much else.

 

We have a family do which cannot be postponed but my wife was able to get some basics from the local garden centre café as they destock, mostly by doing take away till Monday.

 

As it's reported that 25% of our food comes from takeaways, cafes, pubs etc it would seem sensible for them to maintain their supply chains and do some retail to take the pressure off elsewhere.

Posted
11 minutes ago, openspaceman said:

We have a family do which cannot be postponed but my wife was able to get some basics from the local garden centre café as they destock, mostly by doing take away till Monday.

 

As it's reported that 25% of our food comes from takeaways, cafes, pubs etc it would seem sensible for them to maintain their supply chains and do some retail to take the pressure off elsewhere.

 

Are you seriously telling us you’re going to a family gathering? People of all ages? How many? From a large area? 

 

 

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