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Old 01-17-2015, 01:59 AM   #31
riley davis
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WELL I PLAN A TRIP THERE JAN30
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Old 01-17-2015, 07:49 AM   #32
TinMan
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Best of luck, and let us know how it goes...this may be the best way to gauge what's happening in the oil patch since the crash. Better than any economist prognostication
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Old 01-17-2015, 07:54 AM   #33
pyramider
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Hotels are still over $200 a night.
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Old 01-17-2015, 07:58 AM   #34
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Quote:
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Hotels are still over $200 a night.
Interesting. Once the hedges expire, the drilling activity will slow. Hotels will empty out by then.

I thought it might have already started happening, since Southwest Airlines reported their passenger counts have dropped dramatically in recent weeks.
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Old 01-17-2015, 09:11 AM   #35
Eva Damita
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What a bump.
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Old 01-17-2015, 11:28 AM   #36
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What a bump.
I know. I'm thinking of posting a chart showing Permian Basin rig count trends next.
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Old 01-17-2015, 01:57 PM   #37
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Tinman, my understanding was that they discovered a big, untapped oil patch out there from Abilene onwards to the west. It has driven up the cost of living out there as well. Unless that is what you Re referring to, and it has been tapped and used up.
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