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re: What’s bad about the price of oil dropping?

Posted on 3/9/20 at 7:41 pm to
Posted by 0
Member since Aug 2011
16671 posts
Posted on 3/9/20 at 7:41 pm to
quote:

What’s bad about the price of oil dropping?


Some hourly offshore types will get laid off. Other than that, nothing.
This post was edited on 3/9/20 at 7:42 pm
Posted by Bayoutigre
29.9N 92.1W
Member since Feb 2007
5642 posts
Posted on 3/9/20 at 7:53 pm to
Many oilfield service companies here along the gulf coast have been barely hanging on for the last 4 years or so,the news of $40 dollar or $30 dollar oil will shut some of us down,layoffs already happened last week.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 3/9/20 at 9:13 pm to
quote:

Some hourly offshore types will get laid off. Other than that, nothing.
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