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re: For those gloating about oil:Falling oil means rising foreclosures in oil states
Posted on 1/14/16 at 1:26 pm to forever lsu30
Posted on 1/14/16 at 1:26 pm to forever lsu30
Already happening down the bayou.
0
Posted on 1/14/16 at 1:27 pm to forever lsu30
I understand what you're saying and partially agree with you. There have to be tools and resources for the oilfield workers to use and learn how to properly manage their money.
But in the end, a lot of these guys are the horse you're leading to water. They'll see it, but they won't drink.
But in the end, a lot of these guys are the horse you're leading to water. They'll see it, but they won't drink.
Posted on 1/14/16 at 1:27 pm to RedRifle
I live in Katy. Will I have Section 8 next door soon? Can HOA protect against that?
Posted on 1/14/16 at 1:28 pm to bhtigerfan
quote:there is no such thing as deserve
So true! Those guys work their asses off in the heat, cold, and rain, and these asshats who sit in an office from 9-5 and are home every night think they don't deserve to be paid well. fricking dumbasses.
Posted on 1/14/16 at 1:28 pm to forever lsu30
I've never ever been associated with a company that babysits it's EE's on how to save and protect their 100K salaries.
Are you serious about the idea some Derrick hand should have a financial tutor supplied by their company?
Posted on 1/14/16 at 1:28 pm to bhtigerfan
quote:
these asshats who sit in an office from 9-5 and are home every night think they don't deserve to be paid well.
you do realize that oil companies have plenty of office workers right?
Posted on 1/14/16 at 1:29 pm to bhtigerfan
quote:
So true! Those guys work their asses off in the heat, cold, and rain, and these asshats who sit in an office from 9-5 and are home every night think they don't deserve to be paid well. fricking dumbasses.
You sound angry. Posted on 1/14/16 at 1:31 pm to Topwater Trout
quote:
holy fricking shite! uneducated people are capable of learning it but educated people aren't?
The point I'm trying to make is that going to college doesn't necessarily mean you're more intelligent than the "oilfield trash" or that you're more capable than the people working in the field. My relief and I only have a high school education. We're the supervisors. The guys working under us all have degrees and are under a huge pile of debt due to student loans.
I think getting a $60,000-$70,000 starting salary out of high school that becomes a $150,000 - $200,000 salary within 10 years without student loan debts is a pretty smart idea, wouldn't you?
Posted on 1/14/16 at 1:31 pm to MikeBRLA
quote:Yeah well, your yard man sleeps at home every night, and I bet his hourly rate is about what many of these guys make, if not more. And I've never seen anyone cut grass in the rain fricknuts.
So does my yard man, but he doesn't deserve $120K a year either.
Posted on 1/14/16 at 1:32 pm to Sao
EEs are a lot smarter than oil field baws
Posted on 1/14/16 at 1:32 pm to forever lsu30
quote:
All of the oilfield workers being out of work is going to crush connected area business/development/growth/etc. Not to mention the amount of crime that will go up.
HOLY shite! Let me get this straight. I should pay more for gas to support your lifestyle OR you are going to drive me out of business AND rob and kill me?
I think that is how ISIS works too. Just saying...
Posted on 1/14/16 at 1:33 pm to forever lsu30
quote:
Not to mention the amount of crime that will go up.
so all the oilfield people are just going to start being criminals now?
Posted on 1/14/16 at 1:34 pm to Topwater Trout
quote:Duh, I'm one of them, but I have to get outside and do actual work occasionally. I'm talking about the desk jockeys not in the O&G industry who think the people in it are overpaid.
you do realize that oil companies have plenty of office workers right?
Posted on 1/14/16 at 1:36 pm to Mo Jeaux
quote:I'm not angry bro, I just think it's moronic for people who've never stepped foot on a rig to say we're overpaid.
You sound angry.
Posted on 1/14/16 at 1:37 pm to rocket31
quote:
and what implications would those be?
national, possibly international economic depression
Posted on 1/14/16 at 1:40 pm to bhtigerfan
Welders and fitters can make good money and live at home. Part of the reason for high pay for rig workers is the work schedule...not that they can't train just about anyone to do the work.
Posted on 1/14/16 at 1:43 pm to Topwater Trout
quote:True. Being away from home really sucks sometimes, especially holidays.
Welders and fitters can make good money and live at home. Part of the reason for high pay for rig workers is the work schedule...not that they can't train just about anyone to do the work.
Posted on 1/14/16 at 1:43 pm to bhtigerfan
quote:
I'm not angry bro, I just think it's moronic for people who've never stepped foot on a rig to say we're overpaid.
Rig workers weren't overpaid, they were paid what the market at the time dictated. Oil isn't underpriced, it's priced at what the current market dictates.
Everyone needs to quit with all the "haha"s at oil workers and "boohoo"s from oil workers. It's a boom and bust industry, everyone knew it, the boom was good now the bust sucks, but no point arguing against the market.
Yeah there's foreclosures in North Dakota, and parts of Texas and Louisiana, but that is a drop in the bucket compared to the amount of money saved by the rest of the country on cheaper transportation and shipping costs.
Posted on 1/14/16 at 1:43 pm to GreatLakesTiger24
EE doesn't only stand for what you think it does. EE simply means Employee in the "real" world
Posted on 1/14/16 at 1:44 pm to SlowFlowPro
yeah, personally I hate how these discussions on oil prices and the impact on the economy always devolve into discussions about the "old field" baw and the tons of LSU scholars around here with their college degrees
I understand it, as this is a college message board and there are plenty of students and college graduates here who want to defend their choices....BUT the discussion on oil and gas and the greater implications on the economy and the trickle down effect are much more important than "what is oil field baw going to do?"
I understand it, as this is a college message board and there are plenty of students and college graduates here who want to defend their choices....BUT the discussion on oil and gas and the greater implications on the economy and the trickle down effect are much more important than "what is oil field baw going to do?"
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