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Who here has been affected by the drop in oil and gas prices?
Posted on 12/20/15 at 7:51 pm
Posted on 12/20/15 at 7:51 pm
I was at a party in Lafayette today and talked to a few people and heard stories of the layoffs and families affected by them. Sounds like hard times. When you work in that industry do you save for these times?
I ask because I'm in real estate and I know it can go south at any point so I always try to put aside money for times like that.
I ask because I'm in real estate and I know it can go south at any point so I always try to put aside money for times like that.
48
Posted on 12/20/15 at 7:53 pm to whit
I got laid off. But I saved and am just trying to decide on my next chapter in life.
Not going back to oilfield. Gonna do something else
Not going back to oilfield. Gonna do something else
Posted on 12/20/15 at 7:53 pm to whit
quote:
When you work in that industry do you save for these times?
The smart ones do
Eta: I don't know anyone personally
This post was edited on 12/20/15 at 7:54 pm
Posted on 12/20/15 at 7:53 pm to whit
Since gas is $1.50 where I live, instead of having to put $10 in my tank every 3 or 4 days, I only have to put $5 in now.
Posted on 12/20/15 at 7:53 pm to whit
I don't have to ask for lube everytime the gas pump rapes me anymore now. Life's great.
Posted on 12/20/15 at 7:54 pm to whit
filled up the other day for under 18 bucks, come on 0.99 gas prices 
Posted on 12/20/15 at 7:55 pm to tduecen
Exactly. We have plenty of gas for everybody and it's cheap.
Merry Christmas baws!!!
Merry Christmas baws!!!
Posted on 12/20/15 at 7:56 pm to 13SaintTiger
quote:Who stops and puts three gallons of gas in a car?
Since gas is $1.50 where I live, instead of having to put $10 in my tank every 3 or 4 days, I only have to put $5 in now.
Do you pay for it with nickles and dimes?
Posted on 12/20/15 at 7:57 pm to whit
We have had lay offs. I'm safe for the time being. Not sure if this lasts to the summer though.
I'm not scheduling any vacations or house renovations for 2016 just in case.
I don't work for O&G directly. I'm a consultant.
I'm not scheduling any vacations or house renovations for 2016 just in case.
I don't work for O&G directly. I'm a consultant.
This post was edited on 12/20/15 at 7:58 pm
Posted on 12/20/15 at 7:58 pm to whit
Everyone in a town like Lafayette will be affected by it if it lasts a lot longer.
Posted on 12/20/15 at 7:58 pm to whit
Work profits have gone way up.
Sucks because it is only temporary before the local economy gotta too shirt as a result. I'll make some money on the process, but I would rather have a nice local economy than be the big fish in a sewer pond.
Sucks because it is only temporary before the local economy gotta too shirt as a result. I'll make some money on the process, but I would rather have a nice local economy than be the big fish in a sewer pond.
Posted on 12/20/15 at 7:58 pm to whit
quote:
When you work in that industry do you save for these times
Gee I thought a savings plan was a universally good idea regardless of ones profession
Posted on 12/20/15 at 7:58 pm to soccerfüt
I did that in high school when I'd get punished from my gas card
Posted on 12/20/15 at 7:58 pm to whit
Commodity
Posted on 12/20/15 at 8:00 pm to soccerfüt
quote:
Who stops and puts three gallons of gas in a car?
Gotta 1/4 tank of gaaaasssss....
This post was edited on 12/20/15 at 8:00 pm
Posted on 12/20/15 at 8:00 pm to soccerfüt
quote:
Who stops and puts three gallons of gas in a car?
Someone who is trying to save money. It beats filling up for $23.
Posted on 12/20/15 at 8:00 pm to whit
Because of low gas prices, we have been running production 6 days a week for the past year and have scheduled production Sundays in the upcoming year. Working in Maintenance, it gives zero time to actually fix things. Just put a band aid on it and run.
Posted on 12/20/15 at 8:01 pm to soccerfüt
[quote]Who stops and puts three gallons of gas in a car?[quote]
Apparently you have never seen a brother put gas in a Chevrolet Caprice. 5 bucks is the max no matter what the price is.
Apparently you have never seen a brother put gas in a Chevrolet Caprice. 5 bucks is the max no matter what the price is.
This post was edited on 12/20/15 at 8:04 pm
Posted on 12/20/15 at 8:01 pm to 13SaintTiger
quote:
Someone who is trying to save money.
Economics of the poors
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