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Eskimohorn

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Posts posted by Eskimohorn

  1. From the Midland Reporter-Telegram:
    Dallas Fed: Energy companies suffer another lackluster quarter
    Pessimism and uncertainty continue to prevail in the oil and gas sector, according to the Federal Reserve Bank of Dallas’ quarterly energy survey.
    The survey’s business activity index, the broadest measure of conditions facing Eleventh District energy firms, was negative 6.5 in the third quarter, suggesting a small decline in activity since the second quarter survey. The uncertainty index remained high at 44.6.
    “It was another lackluster quarter,” Kunal Patel, senior business economist at the Dallas Fed, said. Activity levels and production levels were both down slightly while costs continued to increase, he said.
    Approximately 78% of exploration and production executives responding to the survey indicated their firms have delayed investment decisions in response to heightened uncertainty surrounding oil prices and the cost of producing oil.
    Oil prices are hovering just below break-even prices so activity has experienced a slight decline, Patel said.
    “The U.S. shale business is broken. What was once the world’s most dynamic energy engine has been gutted by political hostility and economic ignorance,” wrote one respondent.
    Responded another, “The administration is pushing for $40 per barrel crude oil, and with tariffs on foreign tubular goods, [input] prices are up, and drilling is going to disappear. The oil industry is once again going to lose valuable employees.”
    Demand for employees was relatively unchanged, Patel said, with the employment index negative 1.5 compared to negative 6.6 in the second quarter.
    He said respondents to the first quarter survey were asked their expectations of how employment would change from December 2024 to December 2025. The consensus was employment would be largely unchanged, but now Patel said there are suggestions employment could decline slightly if oil prices remain near current levels.
    Oil and natural gas production decreased slightly this quarter. The oil production index was negative 8.6 while the natural gas production index was negative 3.2. 
    Lease operating expenses and finding and development costs rose at a faster pace this quarter. The lease operating expense index was 36.9 vs. 28.1 last quarter while the finding and development costs index rose to 22 from 11.4. 
    Input costs rose again for oilfield support service firms but at a slightly slower pace. The input cost index was 34.8 this quarter relative to 40 last quarter.
    In other survey findings:
    • About three-quarters of respondents believe shale oil drilling will become commercially viable in international locations outside the U.S., Canada and Argentina in the next 10 years.
    • Fifty-seven percent of executives estimate that regulatory changes since January have reduced their firm’s break-even cost for new wells by less than $1 per barrel. Another 25% estimate a reduction between $1 to $1.99.  
    • The One Big Beautiful Bill Act lowers federal royalty rates and increases federal leasing offerings. When asked whether these changes would increase crude oil production, the most selected response was a slight increase, chosen by 58%. Another 36% reported no change, while only 6% expect a significant increase. Similar results were obtained for natural gas production.

    “Drill, baby, drill!”

    Also…”the administration wants crude oil at $40 per barrel.”

    This is a perfect encapsulation of the obtusity of Trump economics and the lower tier industry honks who believe they are part of the plan. You’re not.

    Last I checked Texas went bigly for Trump and blue collar workers leaned Trump as well. $40 per barrel aint happening, but also is too low for the sector and especially Texas.

    What you could get is a collapse of exploration because things don’t move and don’t get made. Then scarcity creates bigger problems.
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  2. I would like to point out that this loss was so bad that Mack Brown never lost to Bob Stoops by that many points. 

    Between 2000-2004 there was a dark cloud over the program as GDGD conservative and predictable playcalling was exposed by a team with equivalent talent. One solace I take is that after the games my friends would momentarily immerse ourselves in great films for the first time - Almost Famous, Shaun of the Dead, and Training Day.
  3. My number one issue with the game is the accessibility and legibility of text. It’s horseshit and could be fixed with relative ease.

    They also need to put some effort into the movement of players. I know theres too many. They need to capture 200 or so actual players and add a feature where you comp players so if its a Barry Sanders thats a base you can build on. They use generic comps.

    Oh, and no more 6’1 168 lbs running backs please.

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