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re: What’s with the OT’s obsession with oilfield baws?

Posted on 11/15/18 at 10:24 am to
Posted by LilDicky
Member since Jun 2017
195 posts
Posted on 11/15/18 at 10:24 am to
Nope. Just a 2 year old Mustang GT that never leaves the garage
Posted by Salmon
I helped draft the email
Member since Feb 2008
86686 posts
Posted on 11/15/18 at 10:24 am to
Most O&G companies give great retirement packages and company trucks
Posted by Barrister
Member since Jul 2012
5349 posts
Posted on 11/15/18 at 10:25 am to
quote:

Bunch of poors jealous of oilfield baws making more than them at their IT jobs



Posted by Peazey
Metry
Member since Apr 2012
25427 posts
Posted on 11/15/18 at 10:27 am to
quote:

I assume it’s moslty low level accountants or similar positions making about $45k




Posted by KG6
Member since Aug 2009
10920 posts
Posted on 11/15/18 at 10:34 am to
quote:

Guys making $70,000-$300,000 a year without a diploma is always gonna piss off the OT "intellectuals"


Meh, I work in the industry with an engineering degree. Office work mostly on the business side with some technical included, so I consider myself far from a baw type. I obviously have had to work closely with many of the typical blue collar types in the industry. There are plenty well rounded individuals who just happen to have taken that career path. But then there are a lot that fit the stereotype of having an 80k truck, 75k boat, deer lease, etc. and then send their kid to some shitty public school or complain as soon as their hours dry up. It's not an unwarranted "hate". Just a bit inflated on this particular board. And the reason I think it's inflated is that most people cannot have an original idea or come up with something that's actually funny.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 11/15/18 at 10:36 am to
quote:

Most O&G companies give great retirement packages and company trucks


Most of the truck nut oilfield baws aren't working for the O&G companies, they're working for a service company or are working contract...it is a high flying lifestyle with a lot of downside exposure. But if you're blue collar, there's hardly any other job that is going to stuff money in your pocket like the oilfield.
Posted by dragginass
Member since Jan 2013
3337 posts
Posted on 11/15/18 at 10:39 am to
quote:


And still no retirement and get their truck reloaded


What's funny is that the largest local Petrochemical company gives a 7% 401k match plus a pension to their employees.
Posted by Peazey
Metry
Member since Apr 2012
25427 posts
Posted on 11/15/18 at 10:47 am to
I wonder what the participation rate is.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 11/15/18 at 10:48 am to
quote:

I wonder what the participation rate is.



Or how quickly they pull it out paying income tax and a 10% penalty after they get layed off
Posted by Salmon
I helped draft the email
Member since Feb 2008
86686 posts
Posted on 11/15/18 at 10:51 am to
I’m a consultant for an O&G company and my office is right next to the meeting room. They constantly have meetings about benefits and retirement.

They had a lunch and learn about 401ks last week actually.

I know it’s anecdotal, but participation seems pretty high here.
This post was edited on 11/15/18 at 10:52 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 11/15/18 at 10:52 am to
quote:

They constantly have meetings about benefits and retirement.

They had a lunch and learn about 401ks last week actually


Probably because there are problems with the participation. We've never had one of those because he don't need to be lectured on not being a financial dumbass.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15825 posts
Posted on 11/15/18 at 10:54 am to
quote:

Or how quickly they pull it out paying income tax and a 10% penalty after they get layed off


It's not like they are getting laid off then waiting around for 6-12 months for another job. There literally are not enough workers (for all positions both craft and staff) to fill open positions. Turnaround season and de-staffing are all a part of it. What the OT thinks about when it comes to oilfield baws are the one's that travel from turnaround to turnaround every few weeks or months. As soon as a job is complete, they move on to the next one with little to no downtime. If there is downtime, it's because they want it, not because they cannot find work.
Posted by Packer
IE, California
Member since May 2017
8699 posts
Posted on 11/15/18 at 10:56 am to
quote:

Engineer at a Fertilize Plant. Where do i fit?


Hopefully somewhere well ventilated
Posted by ShaneTheLegLechler
Member since Dec 2011
63722 posts
Posted on 11/15/18 at 10:57 am to
quote:

Meh, I work in the industry with an engineering degree. Office work mostly on the business side with some technical included, so I consider myself far from a baw type. I obviously have had to work closely with many of the typical blue collar types in the industry. There are plenty well rounded individuals who just happen to have taken that career path. But then there are a lot that fit the stereotype of having an 80k truck, 75k boat, deer lease, etc. and then send their kid to some shitty public school or complain as soon as their hours dry up. It's not an unwarranted "hate". Just a bit inflated on this particular board. And the reason I think it's inflated is that most people cannot have an original idea or come up with something that's actually funny.


I always find the stereotype and perception on here pretty funny compared to what it is in Houston where most of the jobs are like yours, corporate office jobs that pay well but more volatile than normal.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15825 posts
Posted on 11/15/18 at 10:57 am to
quote:

Probably because there are problems with the participation. We've never had one of those because he don't need to be lectured on not being a financial dumbass.


HAHAHA the BR office for my company (11 story building) just had a lunch and learn and it's 100% all engineers, IT workers, business consultants and accounting.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 11/15/18 at 10:57 am to
quote:

It's not like they are getting laid off then waiting around for 6-12 months for another job.


A decade ago, they wish that was the turnaround time.
Posted by DVinBR
Member since Jan 2013
15916 posts
Posted on 11/15/18 at 10:57 am to
*truck nuts intensify*
Posted by kjp811
Denver, CO
Member since Apr 2017
1130 posts
Posted on 11/15/18 at 10:57 am to
I'm sure a majority are nice and well-rounded folks.

It's just the baws that don't pay their taxes and spend all their money on toys that they can't afford when shite hits the fan that are the people the OT loves to talk about.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 11/15/18 at 10:58 am to
quote:

HAHAHA the BR office for my company (11 story building) just had a lunch and learn and it's 100% all engineers, IT workers, business consultants and accounting


Oh, so not oil field baws? Got it
This post was edited on 11/15/18 at 10:58 am
Posted by Salmon
I helped draft the email
Member since Feb 2008
86686 posts
Posted on 11/15/18 at 10:59 am to
quote:

Probably because there are problems with the participation. We've never had one of those because he don't need to be lectured on not being a financial dumbass.


My company, which is all engineers and geologists, does the exact same thing.

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