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re: The Last Time The Price Of Oil Crashed Like This?

Posted on 12/22/14 at 2:43 pm to
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17444 posts
Posted on 12/22/14 at 2:43 pm to
quote:

Unfortunately, the shale oil boom is coming to an abrupt end


It's not like the oil is going anywhere. .... the economy will flourish with cheap oil from overseas and rebuild the manufacturing segment
Posted by OFWHAP
Member since Sep 2007
5416 posts
Posted on 12/22/14 at 2:52 pm to
quote:

quote:
Unfortunately, the shale oil boom is coming to an abrupt end


It's not like the oil is going anywhere. .... the economy will flourish with cheap oil from overseas and rebuild the manufacturing segment


It'll be awesome seeing all the layoffs in LA and TX. It'll also be awesome seeing all the developers go bankrupt on all the new high rises they're building in Houston.
Posted by Paige
Vice President of the OT
Member since Oct 2010
84748 posts
Posted on 12/22/14 at 2:53 pm to
The economy of those who work in the oil & gas industry is fricked
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