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<p>[QUOTE="Ethan, post: 2012663, member: 68800"]Oh we hedged but we use MASSIVE amounts, it killed us that one day. Heck we were told to shutdown to FSL (Electricity), first time ever. We hedge but we get burnt and to be frank NO one saw that week coming. Bad part is we had the roads shut down and we could not run as not enough people. At that point we did not care about price as millions in equipment were at stake, we needed the heat. It was 28 degrees below zero, blizzard, >50 mph winds which made the wind chill so low I did not want to know. We made it through it but when you 100K gpm of water, sure the 12" pipes do not freeze but the smaller ones are fair game...it was terrible and this winter looks to be no better.</p><p><br /></p><p>Infrastructure is being built but these estimates are based on > $80 oil. The fracking doesnt work when it is less than $75 and we are at $80. Yes the Saudis can crash it, not to $10 but they can put a hurting on the price. The economy is the real threat...demand....</p><p><br /></p><p><br /></p><p><img src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/10-overflow/20141028_oilgdp_0.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yeah I have similar issues but I need electrical folks and they are even harder to find.....what is happening to the economy I do not know, yeah yeah unemployment is down to 6%, how many are not looking? If one has industrial skills, they are working if they want to, of that I will agree. The difference I see is wages, just 7 years ago one could raise the wages and get the people, companies however are not raising wages because there is no inflation (cough cough).</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Well I kindly disagree with that. True silver was more rare then but there were not 7 billion people. If the fiat system collapses I would bet that silver gold ratio will return to similar levels..from the past. I would be you could feed a small family on 1Oz a day......Of course I could be wrong.....[/QUOTE]</p><p><br /></p>
[QUOTE="Ethan, post: 2012663, member: 68800"]Oh we hedged but we use MASSIVE amounts, it killed us that one day. Heck we were told to shutdown to FSL (Electricity), first time ever. We hedge but we get burnt and to be frank NO one saw that week coming. Bad part is we had the roads shut down and we could not run as not enough people. At that point we did not care about price as millions in equipment were at stake, we needed the heat. It was 28 degrees below zero, blizzard, >50 mph winds which made the wind chill so low I did not want to know. We made it through it but when you 100K gpm of water, sure the 12" pipes do not freeze but the smaller ones are fair game...it was terrible and this winter looks to be no better. Infrastructure is being built but these estimates are based on > $80 oil. The fracking doesnt work when it is less than $75 and we are at $80. Yes the Saudis can crash it, not to $10 but they can put a hurting on the price. The economy is the real threat...demand.... [IMG]http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/10-overflow/20141028_oilgdp_0.jpg[/IMG] Yeah I have similar issues but I need electrical folks and they are even harder to find.....what is happening to the economy I do not know, yeah yeah unemployment is down to 6%, how many are not looking? If one has industrial skills, they are working if they want to, of that I will agree. The difference I see is wages, just 7 years ago one could raise the wages and get the people, companies however are not raising wages because there is no inflation (cough cough). Well I kindly disagree with that. True silver was more rare then but there were not 7 billion people. If the fiat system collapses I would bet that silver gold ratio will return to similar levels..from the past. I would be you could feed a small family on 1Oz a day......Of course I could be wrong.....[/QUOTE]
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