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re: Oil Spill Threatens to Choke Gulf Region's Economic Recovery
Posted on 6/9/10 at 9:25 am to Mudminnow
Posted on 6/9/10 at 9:25 am to Mudminnow
quote:
Where did 39,500 come from?
Mid Continent Association(O&G), check this past Sunday Advocate out. The initial impact will be 7800 jobs in oil and gas, but there is a domino effect with 2nd line employees that work for O&G service companies that will receive an impact in the tune of 10000 employees, and the remaining are the companies like caters, etc. We will have a pretty big blow to this and the reality is the operators have to make money for their shareholders which is why these are pulling up camp and heading to West Africa. Good luck if you think these rigs will come back and if and when they do it will be years.
This post was edited on 6/9/10 at 9:31 am
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