DMN: Oil's Collapse and Affect on Athletic Donations

by **Stallion** » Wed Oct 21, 2015 2:37 pm

DMN wrote an article about what I've been wondering about myself

I've been concerned about this with regard to the timing of the IPF and related projects-could be why SMU may be scaling back their plans

http://www.dallasnews.com/business/ener ... rtunes.ece

by **Junior** » Wed Oct 21, 2015 3:42 pm

Finally, someone who actually believes that falling oil prices are not a great thing.

by **PerunasHoof** » Wed Oct 21, 2015 4:05 pm

Junior wrote:Finally, someone who actually believes that falling oil prices are not a great thing.

Him and anyone who owns an energy sector stock.

Thankfully Gerald Ford is in banking and Hilltop has been doing fine

by **gostangs** » Wed Oct 21, 2015 5:09 pm

The main reason we have to rework the IPF is because the early program and estimates were utterly ridiculous. There is no reason why ours should be 3X the cost of the typical IPF. It will happen, and it will be a normal 30-40 million dollar facility.

by **couch 'em** » Wed Oct 21, 2015 5:20 pm

Small time thinking

by **Digetydog** » Wed Oct 21, 2015 5:22 pm

gostangs wrote:The main reason we have to rework the IPF is because the early program and estimates were utterly ridiculous. There is no reason why ours should be 3X the cost of the typical IPF. It will happen, and it will be a normal 30-40 million dollar facility.

Purdue is getting a $60m Ipf. http://www.jconline.com/story/sports/co ... /74320512/

by **Puckhead48E** » Wed Oct 21, 2015 5:27 pm

Digetydog wrote:
gostangs wrote:The main reason we have to rework the IPF is because the early program and estimates were utterly ridiculous. There is no reason why ours should be 3X the cost of the typical IPF. It will happen, and it will be a normal 30-40 million dollar facility.

Purdue is getting a $60m Ipf. http://www.jconline.com/story/sports/co ... /74320512/

What are we, chicken?

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by **whitwiki** » Wed Oct 21, 2015 5:40 pm

Digetydog wrote:
gostangs wrote:The main reason we have to rework the IPF is because the early program and estimates were utterly ridiculous. There is no reason why ours should be 3X the cost of the typical IPF. It will happen, and it will be a normal 30-40 million dollar facility.

Purdue is getting a $60m Ipf. http://www.jconline.com/story/sports/co ... /74320512/

they also have actual winter weather

by **whitwiki** » Wed Oct 21, 2015 5:41 pm

And construction labor probably costs more up there

by **SMUstangs22** » Wed Oct 21, 2015 6:57 pm

Low oil prices hurt any industry pressured by imports.

by **CA Mustang** » Wed Oct 21, 2015 7:51 pm

whitwiki wrote:And construction labor probably costs more up there

Purdue is in rural Indiana, not Chicago or NYC.

by **StallionsModelT** » Wed Oct 21, 2015 8:05 pm

I work in the oil and gas M&A world. Companies that didn't leverage properly in the halcyon days of $100/barrel are really hurting. The Houston economy has been far more dramatically impacted than here in Dallas but we are feeling throughout Texas.

by **Fresno Mustang** » Thu Oct 22, 2015 12:20 am

whitwiki wrote:And construction labor probably costs more up there

construction labor is expensive here right now too given the amount of activity in dfw

by **whitwiki** » Thu Oct 22, 2015 8:06 am

CA Mustang wrote:
whitwiki wrote:And construction labor probably costs more up there

Purdue is in rural Indiana, not Chicago or NYC.

which means a large portion of your labor force will be travelers and demand a per diem. I imagine it's also unionized up there while USGC is mostly non Union.

by **Junior** » Thu Oct 22, 2015 9:46 am

SMUstangs22 wrote:Low oil prices hurt any industry pressured by imports.

as well as those of who work for E&P companies.

DMN: Oil's Collapse and Affect on Athletic Donations

DMN: Oil's Collapse and Affect on Athletic Donations

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