The Core

Why We Are Here => Water Cooler => Topic started by: rcjordan on February 19, 2016, 03:09:24 PM

Title: Oil is now so cheap even pirates aren’t stealing it any more
Post by: rcjordan on February 19, 2016, 03:09:24 PM
http://qz.com/619281/oil-is-now-so-cheap-even-pirates-arent-stealing-it-any-more/
Title: Re: Oil is now so cheap even pirates aren’t stealing it any more
Post by: ergophobe on February 19, 2016, 05:56:24 PM
Funny, I just heard a report that oil is so cheap oil that oil theft is on the rise in Texas

http://www.npr.org/2016/02/17/467036626/crude-oil-thefts-rise-in-texas-as-low-prices-force-job-cuts

Why would that be? Because people who worked the oil fields and know them well, including security, pickup timing and so on, have lost their jobs and need money, so they steal oil from the wells they used to work.