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re: I heard layoffs happened at Schlumberger today

Posted on 1/17/15 at 11:26 pm to
Posted by LSU7096
Houston
Member since May 2004
2501 posts
Posted on 1/17/15 at 11:26 pm to
Enjoy lower energy prices for a year or so, once OPEC achieves goal of reducing prouduction gains in North America (Tar Sands, Shale oil, DW oil) they will again increase output after price to 90-100 / bbl for another 8-10 year period. t will take the US producers another 2-4 years to restablish net oil growth after this crisis.
This post was edited on 1/17/15 at 11:28 pm
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99321 posts
Posted on 1/18/15 at 8:31 am to
Hearing the number of high end pickup repos are skyrocketing in the Lafayette area.
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