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DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 2:37 pm
by Stallion
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
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 3:42 pm
by Junior
Finally, someone who actually believes that falling oil prices are not a great thing.
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 4:05 pm
by PerunasHoof
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
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 5:09 pm
by gostangs
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.
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 5:20 pm
by couch 'em
Small time thinking
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 5:22 pm
by Digetydog
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/
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 5:27 pm
by Puckhead48E
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?
Sent from my SM-G900V using Tapatalk
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 5:40 pm
by whitwiki
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
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 5:41 pm
by whitwiki
And construction labor probably costs more up there
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 6:57 pm
by SMUstangs22
Low oil prices hurt any industry pressured by imports.
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 7:51 pm
by CA Mustang
whitwiki wrote:And construction labor probably costs more up there
Purdue is in rural Indiana, not Chicago or NYC.
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Wed Oct 21, 2015 8:05 pm
by StallionsModelT
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.
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Thu Oct 22, 2015 12:20 am
by Fresno Mustang
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
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Thu Oct 22, 2015 8:06 am
by whitwiki
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.
Re: DMN: Oil's Collapse and Affect on Athletic Donations

Posted:
Thu Oct 22, 2015 9:46 am
by Junior
SMUstangs22 wrote:Low oil prices hurt any industry pressured by imports.
as well as those of who work for E&P companies.