News: PFT: Jerry Jones buys Dallas energy company for $2.2 billion

Melonfeud

I Copy!,,, er,,,I guess,,,ah,,,maybe.
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I know a thing or 2 about the Energy sector. This company is one of many struggling E&Ps. Jerry bought it because the company needs capital and he got a good deal. It is a tired story from 2014 the cost of production relative to the cost of a barrel of oil relative to the availability of capital doesn’t work for these firms hence it is a fire sale. Jerry made his fortune on these.
*my father always said oil needed to be@ $40 per bbl (and this was back in the 70's) later on in life ,on the rare occasions in being around him, I'd inquire how his oil wells were doing (oil was about $11 per bbl),,, he'd say " Oh, son! Yer' mother's oil wells are damn near fixing to put me in the poor house"(I guess it was costing him,out of pocket $1,000 per lease& I'm thinking that was per month& he had 13 producer's at one time) well, when crude oil got up around $20 + per bbl& I'd ask him, he'd said " yer mother's & my wells are breaking out even, so were good",,,well, about the time oil hit at around $40 per bbl & I'd asked him, he'd stated
" my oil wells are doing good, why the hell do you wanna know for anyway?"

:lmao::lmao2::lmao:
*straight up truth/no chasero_O
 

jazzcat22

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My Brother-in-law bought the Model S Tesla. I had to snicker a little when I had to go pick him up across town because his 90K car had to be charged. I'm not really interested until the range increases significantly. That auto-drive thing was freaky. I couldn't bring myself to take my hands off the wheel very long when he let me drive it. Great acceleration though and it was weird to not hear the engine rev.

Yeah forgot about the auto drive.
It will even drive itself to you as you need it to, like a valet self drive to get you at the front door of a building.
 

dckid

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No. Stop watching the Maddox show and rejoin the real world. Americans don’t want limited range electric vehicles. We have enough energy reserves in our ground and off our coast to last 100s of years. Jerry will be long gone and will have recouped his investment several times before oil and natural gas stop being the life blood of our economy.
No politics allowed. Also how is thread still in the fan zone?
 

dckid

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I have an electric car and a gas powered car, it makes sense for us and we basically use the electric car for most short trips and my wife's commute, which is only a few miles.

But we live in LA where the charging infrastructure is well developed, that isn't true everywhere. Also unless you really love Tesla's and price isn't an issue, a major factor in your purchase decision is the subsidies - which may not be around much longer and won't be when there is greater adoption of EVs.

On top of that if your purchase decision is partly environmental and you live on the East Coast, the electricity powering your EV is coming mostly from Coal.
Got a model 3 AWD after my gas car got rear ended. It’s like going to shotgun from running the option. Charge at home, charge at work, 300 mile range. No range anxiety whatsoever. It’s the future for sure.
 

Cowboys22

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Got a model 3 AWD after my gas car got rear ended. It’s like going to shotgun from running the option. Charge at home, charge at work, 300 mile range. No range anxiety whatsoever. It’s the future for sure.

Maybe far off future. How much plastic is in the car? Know what that’s made from? Where does the electricity at your home and work come from? 300 miles and I have to stop for how long to charge it? So my summer vacation road trip with the kids to Florida now must include 3 overnight stops both ways just to charge my car instead of a 5 minute pull off the highway for gas and food? Good luck trying to sell Americans on that nonsense. When they make a car that can go 1500 miles on a charge, they may have something but oil and gas companies will still be mining and drilling so that the needed electricity can be created.
 

dckid

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Maybe far off future. How much plastic is in the car? Know what that’s made from? Where does the electricity at your home and work come from? 300 miles and I have to stop for how long to charge it? So my summer vacation road trip with the kids to Florida now must include 3 overnight stops both ways just to charge my car instead of a 5 minute pull off the highway for gas and food? Good luck trying to sell Americans on that nonsense. When they make a car that can go 1500 miles on a charge, they may have something but oil and gas companies will still be mining and drilling so that the needed electricity can be created.

You make some good points but some of them I will chalk up to you being a bit cliche, and the typical response from someone who just hasn't experienced a Tesla.
I must also point out my frame of reference is not from a "tree hugger" or anti oil perspective. I had an german car before I was rear ended.
I drove the Model 3, loved the performance, loved the technology, the self drive and safety features are top of the industry. Everything runs in a seamless integrated fashion.
I don't know where you live and how far Florida is from your house. Let's say you have to drive some place that is 550 miles away.
You car is fully charged at 310 miles, you plug in your destination into the GPS. The car will let you know that you should stop at a supercharger location for 45 minutes. My guess is you will stop for lunch somewhere so you can charge up while you eat. There is some planning involved. Superchargers are not the same as filling up at a gas station in 10 minutes.
The 1500 miles of charge, I hate to say is just stupid. You are just being unreasonable for no reason whatsoever.
The instant torque is amazing, the 0-60 in 4 seconds is ridiculous, you don't need it. Zero maintenance, no oil changes, no filter, no tune up, no transmission flush. The only maintenance you have to do is tire rotation, wiper blade replacement, fill up washer fluid. The battery has a warranty until 120K miles.
 

Cowboys22

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You make some good points but some of them I will chalk up to you being a bit cliche, and the typical response from someone who just hasn't experienced a Tesla.
I must also point out my frame of reference is not from a "tree hugger" or anti oil perspective. I had an german car before I was rear ended.
I drove the Model 3, loved the performance, loved the technology, the self drive and safety features are top of the industry. Everything runs in a seamless integrated fashion.
I don't know where you live and how far Florida is from your house. Let's say you have to drive some place that is 550 miles away.
You car is fully charged at 310 miles, you plug in your destination into the GPS. The car will let you know that you should stop at a supercharger location for 45 minutes. My guess is you will stop for lunch somewhere so you can charge up while you eat. There is some planning involved. Superchargers are not the same as filling up at a gas station in 10 minutes.
The 1500 miles of charge, I hate to say is just stupid. You are just being unreasonable for no reason whatsoever.
The instant torque is amazing, the 0-60 in 4 seconds is ridiculous, you don't need it. Zero maintenance, no oil changes, no filter, no tune up, no transmission flush. The only maintenance you have to do is tire rotation, wiper blade replacement, fill up washer fluid. The battery has a warranty until 120K miles.


I fully get that there are good points that appeal to some people. I just don’t think the public at large is ready to limit the range of their car and the inconvenience of having to find charging stations. When the range increases, prices go down, and charging stations are everywhere people will likely buy in due to the points you listed. Even then, the underlying point is still valid. That electricity charging the car will be generated with coal, oil, or natural gas thus keeping them in as much demand as they are now.
 

erod

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At a time when the world is turning to renewables, electric cars, carbon taxes etc....

As soon as they can build a big, good-looking SUV that can go as fast and as far as mine while pulling a boat, then I'll make the switch.

I'm not holding my breath.
 

erod

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They are no where near as viable as fossil feuls right now .
True, and the earth is still has a ton of it. 500+ years worth, and that's not even counting shale. And why don't people get that plugging your car into a wall is using coal? In fact, coal is dirtier than oil.

Looking forward to my first nuclear car, though, when they finally figure this out.
 

erod

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You make some good points but some of them I will chalk up to you being a bit cliche, and the typical response from someone who just hasn't experienced a Tesla.
I must also point out my frame of reference is not from a "tree hugger" or anti oil perspective. I had an german car before I was rear ended.
I drove the Model 3, loved the performance, loved the technology, the self drive and safety features are top of the industry. Everything runs in a seamless integrated fashion.
I don't know where you live and how far Florida is from your house. Let's say you have to drive some place that is 550 miles away.
You car is fully charged at 310 miles, you plug in your destination into the GPS. The car will let you know that you should stop at a supercharger location for 45 minutes. My guess is you will stop for lunch somewhere so you can charge up while you eat. There is some planning involved. Superchargers are not the same as filling up at a gas station in 10 minutes.
The 1500 miles of charge, I hate to say is just stupid. You are just being unreasonable for no reason whatsoever.
The instant torque is amazing, the 0-60 in 4 seconds is ridiculous, you don't need it. Zero maintenance, no oil changes, no filter, no tune up, no transmission flush. The only maintenance you have to do is tire rotation, wiper blade replacement, fill up washer fluid. The battery has a warranty until 120K miles.
Tesla is in trouble. Don't see them around much longer.
 

reddyuta

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True, and the earth is still has a ton of it. 500+ years worth, and that's not even counting shale. And why don't people get that plugging your car into a wall is using coal? In fact, coal is dirtier than oil.

Looking forward to my first nuclear car, though, when they finally figure this out.

500 years worth? where do you get that info?.a lot of oil deposits is just not economically viable
 

erod

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500 years worth? where do you get that info?.a lot of oil deposits is just not economically viable

There are huge amounts of oil in the earth. More than we've used to this point by a big margin. We're not depleting it quickly at all. By the time it matters, we'll have long surpassed its need. (Plus, what happens to the Middle East economy if the world suddenly didn't need oil?)

These electric cars run on fossil fuel electricity, too, which makes that solution stupid.
 

reddyuta

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There are huge amounts of oil in the earth. More than we've used to this point by a big margin. We're not depleting it quickly at all. By the time it matters, we'll have long surpassed its need. (Plus, what happens to the Middle East economy if the world suddenly didn't need oil?)

These electric cars run on fossil fuel electricity, too, which makes that solution stupid.

let me just say that we are truly and royally ****ed if we are still relying on fossil fuels in 50 years time for most of our energy needs,we will be dead but our children willl suffer.
 

Hardline

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let me just say that we are truly and royally ****ed if we are still relying on fossil fuels in 50 years time for most of our energy needs,we will be dead but our children willl suffer.
What makes you think that alternative energy sources aren't being researched and developed?
Right now none of them can fully replace fossil feuls. Someday maybe but not now.
And when a viable renewable energy source is invented it will come from the private sector. Not government.
 

reddyuta

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What makes you think that alternative energy sources aren't being researched and developed?
Right now none of them can fully replace fossil feuls. Someday maybe but not now.
And when a viable renewable energy source is invented it will come from the private sector. Not government.

i dont dispute any of that,lot of potential targets like thorium reactors but the investment is not there yet.maybe it will come from developing countries with less oil deposits.
 

dckid

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I fully get that there are good points that appeal to some people. I just don’t think the public at large is ready to limit the range of their car and the inconvenience of having to find charging stations. When the range increases, prices go down, and charging stations are everywhere people will likely buy in due to the points you listed. Even then, the underlying point is still valid. That electricity charging the car will be generated with coal, oil, or natural gas thus keeping them in as much demand as they are now.
Guys I just responded to what you stated. I’m not here to talk Tesla. Electric or Gas. Do what pleases you. 99 percent of the population doesn’t drive 300 miles a day unless you are a truck driver.
True, and the earth is still has a ton of it. 500+ years worth, and that's not even counting shale. And why don't people get that plugging your car into a wall is using coal? In fact, coal is dirtier than oil.

Looking forward to my first nuclear car, though, when they finally figure this out.
There is zero innovation in nuclear right now. It's funny, I know all the talking points for Dems & Reps, I'm glad I'm not tied to an absolute political ideology. It is a weird way to live and believe that, if there are 15 issues, a Dem will be one way and the Rep will be another. This comment is not towards you erod. It is just a general statement to most people. I wish the people were more nuanced. Human beings change their mind all the time. We are allowed to learn something new and then form an opinion that was different from the previous one we held.
Getting back to Nuclear, over the past 50 years all the smart innovative people have not been working at all on this tech. Look at all the old plants, you cant shut them down without a meltdown. If someone smart people start working on it I'm sure just like with everything else we will see dramatic improvements over time. Just like we have with microprocessors, cars, planes, 3g,4g,5g, the list goes on and on.
Nuclear power & Jason Garret offense, no innovation. A good way to close out the post on a football thought.
 

blueblood70

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isnt Reliant a major sponsor of ATT stadium and the DC..they wont be happy :))
 
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