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re: Get your truck nuts while you can - 100,000 oil jobs could be coming back

Posted on 7/14/16 at 1:00 pm to
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 7/14/16 at 1:00 pm to
Lord give me one more oil boom, and I promise I won't piss it away this time.
Posted by YeahYeah
Member since Jun 2016
2248 posts
Posted on 7/14/16 at 1:00 pm to
quote:

Gulf Marsh Outfitters is born!

You might want to go ahead and trademark that name before some frat star rips you off
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 7/14/16 at 1:01 pm to
quote:

Lord give me one more oil boom, and I promise I won't piss it away this time.

Posted by OldSouth
Folsom, LA
Member since Oct 2011
11031 posts
Posted on 7/14/16 at 1:02 pm to
Posted by JJBTiger2012
Louisiana
Member since Jun 2013
1891 posts
Posted on 7/14/16 at 1:22 pm to
quote:

quote:
Lord give me one more oil boom, and I promise I won't piss it away this time.



Last one bought and paid off all of the toys. Next one will be for mortgage and tuition I swear it!
Posted by DaBike
Member since Jan 2008
10650 posts
Posted on 7/14/16 at 1:23 pm to
The real trigger for this will be $60 oil. There is some upward movement right now but it's not sustainable for the rest of the year. 2017 maybe the real turn in oil price but it won't be like it was. Truck nuts remain cheap through most of 2017.
Posted by RoyalBaby
South Central
Member since Jul 2013
2315 posts
Posted on 7/14/16 at 1:32 pm to
quote:

Goldman Sachs believes the American oil industry is about to stage a big comeback


Explains why price is stuck. Apparently someone has a bunch of orders to sell.
Posted by TheDeathValley
Louisiana
Member since Sep 2010
20778 posts
Posted on 7/14/16 at 1:43 pm to
You oil guys suck. It's all about dat wind power.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 7/14/16 at 1:48 pm to
Do the coal miners hang truck nuts or truck lungs?
Posted by GREENHEAD22
Member since Nov 2009
21026 posts
Posted on 7/14/16 at 2:02 pm to
As someone in the industry it would be nice but it's not happening. It's going to be a couple more years at least.
Posted by Horsemeat
2025 Contributor Of The Year
Member since Dec 2014
15683 posts
Posted on 7/14/16 at 2:04 pm to
Good - get them baws back in the field and off the welfare check. I just hope they learned their lesson and start saving money and just buy the regular truck nuts for a F-150 instead of the titanium truck nuts on a Raptor.
Posted by Brazos
Member since Oct 2013
20557 posts
Posted on 7/14/16 at 2:09 pm to
And you know this how? I'm in the industry as well .
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11031 posts
Posted on 7/14/16 at 2:12 pm to
Because supply isn't going to fall fast enough and demand won't rise fast enough to create the type of demand that would generate 100,000 jobs.
Posted by tigersownall
Thibodaux
Member since Sep 2011
17201 posts
Posted on 7/14/16 at 2:14 pm to
I hope
Posted by malvin
Member since Apr 2013
4628 posts
Posted on 7/14/16 at 2:25 pm to
I look forward to a bidding war for talent so I can renegotiate the terms of my current employment
Posted by Salmon
I helped draft the email
Member since Feb 2008
86686 posts
Posted on 7/14/16 at 2:26 pm to
lots of acquisitions going on right now

lots of Wall Street money being invested in small fields

Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
32319 posts
Posted on 7/14/16 at 2:33 pm to
This man speaks the truth
Posted by SundayFunday
Member since Sep 2011
10508 posts
Posted on 7/14/16 at 2:43 pm to
No wonder my oil stocks just jumped
Posted by OldSouth
Folsom, LA
Member since Oct 2011
11031 posts
Posted on 7/14/16 at 2:44 pm to
quote:

lots of acquisitions going on right now

lots of Wall Street money being invested in small fields



Unfortunately, that's not going to lessen supply or increase demand. It's probably just money being positioned for a few years down the road. Sucks.
Posted by TexasTiger90
Rocky Mountain High
Member since Jul 2014
3576 posts
Posted on 7/14/16 at 3:10 pm to
quote:

That growth would require some 700 oil rigs to be added -- and each one supports an average of 120 to 150 employees


ETA: In all honesty, we all knew this was only a matter of time...but now that it's back...I can't wait for these O&G Clients to start building again. I'm getting tired of renewable energy projects
This post was edited on 7/14/16 at 3:12 pm
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