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

Posted on 12/22/14 at 8:39 pm to
Posted by MapGuy
I was born,I grew older,I'm here
Member since May 2010
37439 posts
Posted on 12/22/14 at 8:39 pm to
The Blackstone Group is going to drop some coin down there. That's why they bought Shells position in the Haynesville.

They are liquid enough to keep things rolling.

The biggest hurt we will face is Shale Oil production.

I know of 400+ layoffs in the Lafayette area for landmen. Service industry is about to get hit big as well
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/22/14 at 8:44 pm to
Hercules Offshore just cut 400 jobs.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/22/14 at 8:46 pm to
A friend of mine had a contract labor company for the past 10 years and just closed his doors today. Shut it down. Out of business!!
Posted by jennyjones
New Orleans Saints Fan
Member since Apr 2006
9357 posts
Posted on 12/22/14 at 8:53 pm to
quote:

I know of 400+ layoffs in the Lafayette area for landmen. Service industry is about to get hit big as well



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