This group is for all things related to oil and gas development and leasing in Ashtabula County.
Members: 313
Latest Activity: Jan 2, 2019
Started by Joseph-Ohio. Last reply by Joseph-Ohio Dec 20, 2015. 6 Replies 0 Likes
Started by landlubber. Last reply by Joseph-Ohio Dec 8, 2015. 21 Replies 0 Likes
Started by Joseph-Ohio. Last reply by Joseph-Ohio Dec 8, 2015. 10 Replies 0 Likes
Started by Joseph-Ohio. Last reply by Joseph-Ohio Nov 13, 2015. 1 Reply 0 Likes
Started by Joseph-Ohio. Last reply by Joseph-Ohio Nov 12, 2015. 9 Replies 0 Likes
Started by Joseph-Ohio. Last reply by Joseph-Ohio Oct 31, 2015. 8 Replies 0 Likes
Started by james mcmeechan. Last reply by Joseph-Ohio Oct 25, 2015. 4 Replies 0 Likes
Started by Joseph-Ohio. Last reply by Joseph-Ohio Nov 27, 2014. 6 Replies 0 Likes
Comment
Well I hope this discussion is not being about more Regs and rules to manage our properties. It Cost me plenty to remove the prior oil guy and no one ponied up to help pay that.
For those who might be interested. The Ashtabula County Board of Commissioners will be having a meeting on current oil and gas legislation. The meeting will be in the commissioner's conference room at the old court house in Jefferson 2nd floor at 11:00 am July 20. People attending are asked to rsvp to llhawkins@ashtabulacounty.us, or phone 440-576-3745.
Soiled is about the most polite word I can think of as well james.
When I look over the fence at the gasoline refiner's lawn it seems much greener than mine.
A quick online check showed oil, in June, at 105 per barrel, and gasoline, in June, at 3.68 per gallon.
A look at the top of this site shows oil at 52.00 per barrel, but the price for gas today in Orwell is 2.27 per gallon. The price per barrel of oil today is roughly 1/2 of what it was in June. One might think the price of gasoline would follow and be roughly 1.84 per gallon. I realize that not all of a refiner's cost fluctuate with the price of oil, and are fixed. I just believe they would be hard pressed to justify a 43 cent per gallon difference.
Another example, when oil was 150.00 a barrel gas was 4.00 a gallon. Oil today is 1/3 of that price, but gas is not even close to 1.33 per gallon. If you work the numbers the opposite way and oil returns to 150 a barrel gas would be 6.81 per gallon. These are very rough numbers, but I think it shows we are getting the soiled end of the stick.
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