re: Texas economy is cratering

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I don't think people are rooting against you as much as people see the idiots in your profession that constantly splurge like drunken sailors. It's frustrating to see that, and then hear industry types moaning and groaning about being laid off when in the good times they should have been planning for it instead of making idiotic purchases.

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interesting take on O&G employee's spending habits. Who decides the definition of

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splurge

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and

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idiotic purchases.

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?
Moreover, who is moaning and groaning? I work in the industry and haven't heard any whining. I have heard concern form those in this field. I have heard many people celebrating the misfortunes of others. Show me an OS worker who losses his "jacked up truck" and I'll show you a broker losing his 5 Series or C class Mercedes. Whats the difference? The fabricator loses his bass boat, the banker losses his summer home. why is one celebrated and one a tragedy?

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I have heard many people celebrating the misfortunes of others.

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In general, people are insecure, negative and hateful. They measure themselves against other people and love to see when people fail. This board is a good example of this, basically put people down so they can feel better about themselves. In some cases it's just to validate a life choice or a political stance.

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Here lies the problem, there shouldn't celebrating of people losing their jobs unless they deserve it from things such as criminal reasons.

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But, they didn't graduate college and own an F-350!!!!

Oil&Gas show in Shreveport tomorrow should be interesting ....

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Texas economy is cratering

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Obama's plan to wreck the gulf coast economy appears to be working..

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But the [edit: former] governor - (R) confidant of Christ himself Rick Perry - says that Texas is a miracle state, economy speaking. LINK

Confused.

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But the governor - (R) confidant of Christ himself Rick Perry

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Former governor. Clearly this isn't his fault. The blame lies squarely at the wheels of Greg Abbott.

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Oil&Gas show in Shreveport tomorrow should be interesting

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Said nobody ever.

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What's untrue about that? Read any thread on this topic and it sticks out like a sore thumb. There's no logical reasoning behind laughing at people losing their jobs. It's funny to say "look at there Jim Bob selling his jacked up F250" because he lost his job?

I'd love to get a survey going of what other people in here drive and the cost of those vehicles. People on this site have a hatred for O&G guys, especially ones that work out in the field. The insecurity oozes from their posts.

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Frankly I know only 2 people (I'm from Ohio) that have anything to do with the Oil and Gas industry (at least the drilling/refinement process) and they are both engineers. I don't have any major issues with the Oil Companies nor the workers that get paid more than their comparable counterparts in other fields.

That being said, I (like most consumers) prefer, and benefit from, these lower prices. I don't like seeing people negatively impacted but I think, oil dependent economies aside, it is a net positive overall.

I'm about to get a deal on eBay for a f250

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To be clear, those are both very different from each other and do not have the same effects from low oil prices

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I wasn't insinuating that they were the same. That is why I used a /. I was just highlighting those two because they are processes before gas is ready for the consumer.