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Message

re: Rumor Shell is closing down its New Orleans operations

Posted on 1/21/16 at 10:03 am to
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
113773 posts
Posted on 1/21/16 at 10:03 am to
quote:

It would hard to hang them off of the spoiler of your suped up Civic


And Asians are required to blur out any genitalia. It's a rule.
Posted by rocket31
Member since Jan 2008
41875 posts
Posted on 1/21/16 at 10:03 am to
quote:

exactly the reason I decided to suspend buying a new home until after this happens


in Nola, i highly doubt the real estate market will be affected much.

Posted by stout
Porte du Lafitte
Member since Sep 2006
178931 posts
Posted on 1/21/16 at 10:03 am to
quote:

And Asians are required to blur out any genitalia. It's a rule.



Good point
Posted by The Egg
Houston, TX
Member since Dec 2004
82991 posts
Posted on 1/21/16 at 10:04 am to
actually my civic has octopus tentacles in place of a spoiler
Posted by yellowfin
Coastal Bar
Member since May 2006
98707 posts
Posted on 1/21/16 at 10:04 am to
quote:

Obamacare makes people have insurance.


high deductible major medical insurance
Posted by LSUcjb318
Member since Jul 2008
2364 posts
Posted on 1/21/16 at 10:04 am to
Did the CEO and board of directors take pay cuts to help prevent laying off people? Didn't think so.

Posted by PapaPogey
Baton Rouge
Member since Apr 2008
40455 posts
Posted on 1/21/16 at 10:05 am to
quote:

Did the CEO and board of directors take pay cuts to help prevent laying off people? Didn't think so.



would you? I'm sure they've had hard times at some point
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 1/21/16 at 10:06 am to
quote:

actually the opposite will probably happen, there's no need for green energy when oil is cheap


At a consumer level, sure. I say that thinking of revenue for the big oil companies. If oil remains cheap, the big oil companies will continue collapsing. They will need to branch out other ways to continue making money, or just downsize, downsize, downsize.
Posted by dewster
Chicago
Member since Aug 2006
26324 posts
Posted on 1/21/16 at 10:06 am to
quote:

dat cheap gas do


Retail spending is down nationwide....so people must be pissing away their fuel savings on power ball tickets and skyrocketing costs of health insurance.
Posted by tankyank13
NOLA
Member since Nov 2012
8155 posts
Posted on 1/21/16 at 10:09 am to
quote:

Did the CEO and board of directors take pay cuts to help prevent laying off people? Didn't think so. 




that's not what he is paid to do
Posted by yellowfin
Coastal Bar
Member since May 2006
98707 posts
Posted on 1/21/16 at 10:09 am to
they'll downsize and maintain and position themselves for when it turns around, some will get bought by bigger ones....this isn't their first downturn


Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27557 posts
Posted on 1/21/16 at 10:12 am to
quote:

that's because pharm sales reps are glorified sandwich delivery drivers



9AM I want KOLACHES dammit
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
84335 posts
Posted on 1/21/16 at 10:12 am to
CEO's have it rough anyways. They are fungible.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 1/21/16 at 10:17 am to
quote:

high deductible major medical insurance



You're right, you don't know much about Obamacare.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 1/21/16 at 10:17 am to
It is the largest in quite some time, if not ever, though. I could be getting ahead of myself on the topic. I will freely admit that I don't know shite about the O&G industry, but I do believe that we, as a species, have an unhealthy dependency on a finite resource and need to branch out to more renewable energies, even if you take climate change out of the equation. Anything that can potentially push us towards that excites me.

There are some pretty exciting technologies on the horizon. So far none can outright replace fossil fuels altogether, but if we utilize several sources (solar, geothermal, water, etc) we can do a lot to lower our dependency on O&G, create jobs in the 'green energy' sector, and eventually not rely on something that will eventually run out.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 1/21/16 at 10:17 am to
quote:

Obamacare makes people have insurance.


While true when 100% of your patients are reimbursing you at medicaid rates instead of their "cadillac" plan rates the medical field will not be exempt.

Anyone in the gulf south that thinks any industry will be exempt is whistling past the graveyard.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36152 posts
Posted on 1/21/16 at 10:21 am to
Eh, in New Orleans your case mix is heavily leaning Medicare/Medicaid anyway.
Posted by OceanMan
Member since Mar 2010
22535 posts
Posted on 1/21/16 at 10:21 am to
quote:

purchase prices are closer to $150/sqf


Where are you seeing this in New Orleans?



This is in the (very general) University area. My example was a little simplistic, and was focused to that exact property type (MF that needs updates). I know that the price can be much higher than that, but again, was just trying to point out the divergence between rent prices and sale prices compared to other parts of the state.
Posted by LSUcjb318
Member since Jul 2008
2364 posts
Posted on 1/21/16 at 10:23 am to
Shell CEO make $25M a year.

This what happens when you put money over people.

So no bitching when you get laid off.

I'm sure he could feed his kids on $10M a year and keep a lot of family's happy until gas prices came back up.

Sorry motherfrickers.
Posted by Bunk Moreland
Member since Dec 2010
65997 posts
Posted on 1/21/16 at 10:24 am to
quote:

that's because pharm sales reps are glorified sandwich delivery drivers


The pharm heyday 10 or 15 years ago of smokeshows fresh out of college doing everything on the company dime (including physicians) was 1000x more offensive than an oilfield baw busting his arse for a check.
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