I really don't make it personal like that. But I do think that there is a lacking of long-term perspective in these types of threads. If I did the same job and quality of work I do now in O&G, I'd likely be paid more.

But I have and will have to continue to make that choice of whether I want to chase those riches and roll the dice, or if I want to do what I do for lower pay and take my own industry's headwinds into account. The O&G industry has been very good to most people involved and they are likely paid more and have better jobs than they would have had to settle for in most other markets. They're just about to get a tough lesson that no good fortune is free in the long run. They'll pay for it with their job or the anxiety in retaining one.

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Posted by Louie T

htx

Member since Dec 2006

36327 posts

Posted on 1/13/15 at 8:07 pm to Swoopin

I don't know why you're explaining it to me. I'm well versed in the O&G industry. I had family with a lot on the line in this industry.

There are going to be stupid people making huge cash & subsequently spending it like it would last forever; they aren't bright. That's understood from my end.

My question is why are non-O&G people seemingly often upset about O&G highs when they are also more likely to experience the associated lows of a volatile industry? There are a good number on here who are upset at these "such vastly overpaid salaries" but conversely are so quick to tell people to pound sand when things aren't going well.

Risk/reward & all that. Those that can effectively manage the risk associated with the O&G industry should reap higher profits than less volatile & risky industries.

This post was edited on 1/13/15 at 8:10 pm

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