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re: Boom to bust: Crude oil costing families
Posted on 2/23/16 at 6:11 pm to RedRifle
Posted on 2/23/16 at 6:11 pm to RedRifle
we survived when levi strauss shut down all the plants....we should be okay here too....
Levi Strauss shuts ALL US plants
Levi Strauss shuts ALL US plants
1
Posted on 2/23/16 at 6:11 pm to ItNeverRains
I feel for anyone that gets laid off, and I personally don't drive that much so my direct benefit is low, but O&G workers were fricking douches about how much money they made for years.
It was annoying. I have family in oil and gas, along with a few friends. 2010-12, they were rolling in cash and they spent it like they were ghetto rich. And flaunted it. Now they are whining.
I don't really like either action.
It was annoying. I have family in oil and gas, along with a few friends. 2010-12, they were rolling in cash and they spent it like they were ghetto rich. And flaunted it. Now they are whining.
I don't really like either action.
Posted on 2/23/16 at 6:12 pm to RedRifle
quote:
Price is living with his mother again and learning a new trade: painting.
OK this sucks. Is there no direct job skills that would translate from being a safety engineer? (No clue what that is)
Posted on 2/23/16 at 6:12 pm to MyNameIsNobody
quote:
we survived when levi strauss shut down all the plants....we should be okay here too....
Levi Strauss shuts ALL US plants
Wut?
quote:
Levi Strauss & Co. will close its last manufacturing plants in the United States and Canada, eliminating nearly 2,000 jobs,
That's really not shite in the American economy and nothing compared to the mass layoffs so far in the oilfield.
Posted on 2/23/16 at 6:13 pm to Hawkeye95
quote:
It was annoying. I have family in oil and gas, along with a few friends. 2010-12, they were rolling in cash and they spent it like they were ghetto rich. And flaunted it. Now they are whining.
I read where some guys in North Dakota were making over 200k a year and not saving a penny. They had lots of shiny toys though.
Posted on 2/23/16 at 6:14 pm to flyAU
quote:
safety engineer? (No clue what that is)
I'm guessing he inflated his title a little. Probably more along the lines of a hole/fire watch.
Posted on 2/23/16 at 6:15 pm to RogerTheShrubber
quote:
I read where some guys in North Dakota were making over 200k a year and not saving a penny. They had lots of shiny toys though.
I know people that moved to the dakotas during this time, they made bank but COLA was insane. They were paying 3k for a bedroom in a house.
Posted on 2/23/16 at 6:16 pm to notiger1997
I know they have degree programs for safety.
Posted on 2/23/16 at 6:18 pm to notiger1997
Ahh ok. So I assume most of these workers jump straight in from HS? Or is there trade schools they go to?
Posted on 2/23/16 at 6:18 pm to thegreatboudini
quote:
what on gods earth do you think a production engineer, drilling engineer, geologist or a geophysicist make?
I know people who work in commercial insurance that make more money than all of them.
Well it was said earlier in this thread that directional drillers make north of 200k.
I really have no clue, because I haven't seen a reliable source on what they make, outside of anecdotes.
Posted on 2/23/16 at 6:20 pm to RedRifle
Without sifting through 4 pages OP you're such a douche.
I own a route based business that has 8 vehicles on the road daily.
When gas prices were at $4 a gallon I couldn't fill my truck up without the pump shutting off at $100. We didn't advertise a lot that year. BTW that was just a few years back and we only had 4 vehicles on the road.
4 more people have jobs now that didn't back then within my business alone. There are far more people benefitting from small businesses like ours than are losing their jobs due to reasonable gas prices.
I own a route based business that has 8 vehicles on the road daily.
When gas prices were at $4 a gallon I couldn't fill my truck up without the pump shutting off at $100. We didn't advertise a lot that year. BTW that was just a few years back and we only had 4 vehicles on the road.
4 more people have jobs now that didn't back then within my business alone. There are far more people benefitting from small businesses like ours than are losing their jobs due to reasonable gas prices.
Posted on 2/23/16 at 6:20 pm to flyAU
quote:
Ahh ok. So I assume most of these workers jump straight in from HS? Or is there trade schools they go to?
Which guys are you specifically referring to?
There are some great trade programs, especially in Texas where they start teaching skills for a few hours a day as early as 10th grade. It was great for the industry to help with the shortage of welders, pipe fitters, and electricians, etc.
Posted on 2/23/16 at 6:22 pm to kywildcatfanone
I wonder how many pages tomorrow's oilfield BAW sob story thread will be.
Posted on 2/23/16 at 6:22 pm to stout
quote:
That's really not shite in the American economy and nothing compared to the mass layoffs so far in the oilfield.
tell that to the people that got let go....I am sure they said at least some people get to work in the oil fields when they were let go...
11 factories shut down
Posted on 2/23/16 at 6:24 pm to notiger1997
quote:
Which guys are you specifically referring to?
To be honest I know very little about the rigs. I know there is those that have to figure out where the oil is and all that highly technical stuff so obviously they need degrees. I mean more of the grunt work guys. Is that learn on the job or something you need to get certified in at a special school?
Posted on 2/23/16 at 6:28 pm to Epic Cajun
quote:
That dumbass probably has 200k sitting in his savings account, rather than invested somewhere
If it is money that he planned to live on during a sustained layoff or other emergency it should be in a savings or money market account.
Posted on 2/23/16 at 6:29 pm to notiger1997
End of 2015 and 2016 may be rough years. Chances of a world wide recession are rising.
Posted on 2/23/16 at 6:33 pm to stout
quote:
That's really not shite in the American economy and nothing compared to the mass layoffs so far in the oilfield.
i guess in 1993 the 60,000 people that IBM laid off didn't do anything...
or the 2008; 50,000 people from Citi group...
or Sears in 1993 when they let 50,000 people go...
LINK
oh woe is me...the sky is falling the price of oil is too low....
Posted on 2/23/16 at 6:40 pm to MyNameIsNobody
quote:
i guess in 1993 the 60,000 people that IBM laid off didn't do anything...
or the 2008; 50,000 people from Citi group...
or Sears in 1993 when they let 50,000 people go...
You jump from 2000 people when I said that wasn't shite to 60K. Do you not understand how numbers work? In case you don't, there's a HUGE difference in 2K and 60K.
Posted on 2/23/16 at 6:40 pm to flyAU
I mean more of the grunt work guys. Is that learn on the job or something you need to get certified in at a special school?
Learn on the job.
Learn on the job.
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