Posted by Back Forty Bob. on January 20, 2015 at 20:15:24 from (69.81.134.220):
In Reply to: $5 gas by end of 2016 posted by GeneMO on January 20, 2015 at 08:18:48:
I work for a small company(less than 50 drivers) hauling frac sand. Work for a large drilling/ completion company. We just took a 20% rate cut. The drilling company is slashing their operations. Because they like us(We kiss their donkey) we will still have work enough to be busy. There are many gas wells left to frac. It would not take long for the drilling/completion companies to resume their operations back to 100% once this turns around. Best guess I have heard is $85/barrel by fall.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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