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re: Oil field layoffs are really hitting SLa

Posted on 9/24/15 at 2:43 pm to
Posted by Friscodog
Frisco, TX
Member since Jul 2009
4916 posts
Posted on 9/24/15 at 2:43 pm to
I worked for ConocoPhillilps in Houston. They already had a round of layoffs in April, and announced big layoffs coming in 2 weeks. I'm in IT. Houston is saturated with IT people since BP, Chevron, Shell, Haliburton, Baker Hughes and others have already had huge layoffs of all diciplines. I saw the writing on the wall and moved back to DFW area in June. Good luck to all impacted
Posted by AubieALUMdvm
Member since Oct 2011
11713 posts
Posted on 9/24/15 at 2:43 pm to
quote:

but its not the most pleasant thing to pack up a family to move for work


Well, that's life.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179165 posts
Posted on 9/24/15 at 2:44 pm to
quote:

or might even make more money,



<----
Posted by Horsemeat
Truckin' somewhere in the US
Member since Dec 2014
15133 posts
Posted on 9/24/15 at 2:47 pm to
Plenty of jobs available in the truck driving biz. Trade in your truck nuts for 18 wheels, baws!
Posted by blueboy
Member since Apr 2006
62802 posts
Posted on 9/24/15 at 2:51 pm to
An old friend of mine works in the Chevron home office in San Fran. A few months ago, he was talking about a 2-3 year downturn. Now, he's talking about a possible 20 year period rivaling that of the 80's and 90's.
Posted by hendersonshands
Univ. of Louisiana Ragin Cajuns
Member since Oct 2007
160203 posts
Posted on 9/24/15 at 2:54 pm to
People on this board go out of their way to seem edgy so they'll post a bunch of comments about how cheap their gas is and how they don't care about people losing their jobs. A lot of people who work very hard have lost or will lose their jobs and if that's funny to you, then you're probably 15 years old.
Posted by El Segundo Guy
1-866-DHS-2-ICE
Member since Aug 2014
11346 posts
Posted on 9/24/15 at 2:54 pm to
I live in El Segundo CA where Chevron has a big refinery right on the coast. No layoffs happening there. And a sweet location.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
14682 posts
Posted on 9/24/15 at 2:54 pm to
I think what he surmises to be a definite possibility and the implications are huge for a number of reasons...economic, political, personal retirement and the likes, even militarily in terms of where or if we even choose to engage
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
33060 posts
Posted on 9/24/15 at 2:57 pm to
quote:

I live in El Segundo CA



my company is based there, go about 3 times a year

love going down there, hit up some tin roof cafe in Manhattan beach
Posted by El Segundo Guy
1-866-DHS-2-ICE
Member since Aug 2014
11346 posts
Posted on 9/24/15 at 3:01 pm to
Yeah Tin Roof Bistro is good. They make a drink called It's a Man's World. Quite possibly the best whiskey cocktail I've ever had.

The owners opened up a new restaurant in downtown El Segundo that's like 4 blocks from where I live but haven't tried it yet. Gotta check it out.
This post was edited on 9/24/15 at 3:03 pm
Posted by TigerDog83
Member since Oct 2005
8747 posts
Posted on 9/24/15 at 3:02 pm to
quote:

An old friend of mine works in the Chevron home office in San Fran. A few months ago, he was talking about a 2-3 year downturn. Now, he's talking about a possible 20 year period rivaling that of the 80's and 90's.


I guess it's possible but there are differences in the 80's and now, namely the decline rates and the source of the excess production. Saudi made cuts in the 80's and finally had cut so much (down to a couple million barrels a day) they had to regain some revenue. They unleashed a mountain of oil on the market that had to be worked off alongside new finds in the North Sea and Prudhoe Bay. Now we have over leveraged investments in shale oil and oil sands that have driven almost all the production gains and the supply to be worked off is much smaller. This will no doubt be a bad downturn but barring any kind of crazy demand destruction the market should rebalance at some point.
Posted by blueboy
Member since Apr 2006
62802 posts
Posted on 9/24/15 at 3:06 pm to
quote:

I live in El Segundo CA where Chevron has a big refinery right on the coast. No layoffs happening there. And a sweet location.
They had layoffs in his office. He had to interview for his own job, basically.

I think the number was 1,500 layoffs across the board, and of course, the closing of the Lafayette office with a much smaller operation being relocated to Covington/Mandeville.
Posted by Sparkplug#1
Member since May 2013
7352 posts
Posted on 9/24/15 at 3:07 pm to
Now is the time for us to crack down on illegals. All of the oilfield workers need those jobs, and it helps ease the burden of unemployment.
Posted by TheAlmightySmash
New Orleans
Member since Jun 2014
5489 posts
Posted on 9/24/15 at 3:09 pm to
Life in 2015
Posted by CoachDon
Louisville
Member since Sep 2014
12409 posts
Posted on 9/24/15 at 3:09 pm to
No one should fix their mouth or type a word to talk bad about a man in hardship with his family. Especially that's not of his own doing. Say a prayer and be thankful you aren't one of them.
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
26343 posts
Posted on 9/24/15 at 3:19 pm to
It is getting scary here in Houston. Worst I have ever seen it in 25 years.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
33060 posts
Posted on 9/24/15 at 3:21 pm to
@El Sugundo Guy

also love going to Truxtons in Westchester. great fish tacos
Posted by TheBoo
South to Louisiana
Member since Aug 2012
5366 posts
Posted on 9/24/15 at 3:22 pm to
The Haliburton in Houma on Coteau had 4-5 cars there this morning. It's a huge site and it's a ghost town now.
Posted by GreatLakesTiger24
Member since May 2012
58867 posts
Posted on 9/24/15 at 3:25 pm to
quote:

Don't worry your time is coming and I won't feel sorry for you.
why would i expect you to?
Posted by GreatLakesTiger24
Member since May 2012
58867 posts
Posted on 9/24/15 at 3:29 pm to
quote:

He's just too immature to understand how these things affect everyone.

i really don't feel bad about not wanting to subsidize O&G

and if anything,it helps more americans than it hurts

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