- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I heard layoffs happened at Schlumberger today
Posted on 1/13/15 at 5:48 pm to glassman
Posted on 1/13/15 at 5:48 pm to glassman
Yep. Congress sees all that extra money in peoples pockets, just hang tight. New gas tax is already in the works.
Some people don't realize that while the rest of the country was in a recession the past few years high oil and gas prices kept the economy along the Gulf Coast almost uneffected.
Some people don't realize that while the rest of the country was in a recession the past few years high oil and gas prices kept the economy along the Gulf Coast almost uneffected.
1
Posted on 1/13/15 at 5:50 pm to Polar Pop
The only people I don't feel sorry for associated with the lay offs are those women that put stickers on the back of their vehicles during the O&G boom saying "Oil Field Honey Spending Oil Field Money" or "Oil Field Trash Spending Oil Field Cash."
They can suffer.
They can suffer.
Posted on 1/13/15 at 5:51 pm to ForeverLSU02
B is that you?
Posted on 1/13/15 at 5:52 pm to tgrbaitn08
You don't need to lecture me about economics or the will of the government to get their grubby hands on the extra cash.
The regional aspect is one we can't ignore. It is going to affect my business in the Lafayette and Morgan City areas for sure. But, lower fuel prices will help with some of my other customer bases.
The regional aspect is one we can't ignore. It is going to affect my business in the Lafayette and Morgan City areas for sure. But, lower fuel prices will help with some of my other customer bases.
Posted on 1/13/15 at 5:54 pm to ForeverLSU02
That free community college is looking better and better. Unemployment benefits, food stamps.
Meanwhile, the gop leadership is focused on alternative opportunities like wind and solar.
Meanwhile, the gop leadership is focused on alternative opportunities like wind and solar.
Posted on 1/13/15 at 5:54 pm to ForeverLSU02
I have worked in OG&C in design and process engineering most of my life. LNG jobs are now booming. Look to that direction.
Posted on 1/13/15 at 5:55 pm to Bushmaster
Agreed Bush. It is the future and it should be embraced and pushed to the forefront.
Posted on 1/13/15 at 5:56 pm to Bushmaster
quote:I'm good now. Just pisses me off at people gloating and snickering while their neighbors are losing their jobs just so they can save $30 in gas.
I have worked in OG&C in design and process engineering most of my life. LNG jobs are now booming. Look to that direction.
Posted on 1/13/15 at 5:58 pm to ForeverLSU02
Only assholes think that way. Hopefully the ones affected have some money set aside.
Posted on 1/13/15 at 5:58 pm to glassman
I hope so glass 
Posted on 1/13/15 at 5:59 pm to tgrbaitn08
quote:
rick people losing their jobs. I can fill up my Honda Civic for $25
lol i laugh at you idiots that need gas still, you should join the future where i plug my scooter into my neighbor's outlets and can drive around for like 4 hours
Posted on 1/13/15 at 5:59 pm to ForeverLSU02
quote:
Just pisses me off at people gloating and snickering while their neighbors are losing their jobs just so they can save $30 in gas.
Like I said, let's all pay a little more for everything so everyone can have jobs. Sound good?
Posted on 1/13/15 at 6:00 pm to glassman
Thank goodness petroleum is pretty much this smallest part of my corporation's portfolio
The others will keep us afloat until it goes back up again
The others will keep us afloat until it goes back up again
Posted on 1/13/15 at 6:01 pm to saintforlife1
quote:
Anybody know anybody that was affected? How about people working in other oilfield services and related companies? Seems like tough times for folks the O&G industry. Folks are saying cuts are turning out to be worse than the 2008 down turn.
I feel most sorry for the kids that started in a Petroleum Engineering program 4 years ago and were lined up for a high paying job when they finished in May. I have no idea how bad it will be for the new grads, but in the "busts" of the 70s and 80s, it reached the level of " I have a PE degree, would you like fries with that order?"
Posted on 1/13/15 at 6:02 pm to saintforlife1
It does suck that people are losing jobs. I work for a company that services O&G platforms and we have received letters from 2 companies stating that they expect to see decreases in our rates so they can keep their profit margins where they need to be.
These mf'ers got some nerve. Imagine if I sent that letter to my vendors. They'd laugh in my fricking face.
These assholes feel so entitled.
These mf'ers got some nerve. Imagine if I sent that letter to my vendors. They'd laugh in my fricking face.
These assholes feel so entitled.
Posted on 1/13/15 at 6:02 pm to Paige
Oh good.. I was worried.. 
Posted on 1/13/15 at 6:03 pm to Loveland Tiger
quote:
That free community college is looking better and better. Unemployment benefits, food stamps.
This might not be as good with the $300 million cut to higher ed coming up in Louisiana thanks to losing all the O+G money...
Posted on 1/13/15 at 6:03 pm to thesoccerfanjax
Its a cleansing in the O&G field. Big oil buys or starves out little oil. Same thing happened in the 80's. It's cyclical.
Posted on 1/13/15 at 6:03 pm to EA6B
quote:When I graduated in '08 everyone in my class at LSU had a job before graduation. Now I'm hearing it's 50/50. Texas A&M petroleum engineering department sent out letters to applicants suggesting they rethink their future plans. It's gotten bad
I feel most sorry for the kids that started in a Petroleum Engineering program 4 years ago and were lined up for a high paying job when they finished in May.
Posted on 1/13/15 at 6:04 pm to REB BEER
quote:
keep their profit margins where they need to be.
Their profit margins need to go up with declining revenues, or they will be out of business if this doesn't turn around.
Page 2 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News