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re: Who here has been affected by the drop in oil and gas prices?

Posted on 12/20/15 at 9:13 pm to
Posted by MNCscripper
St. George
Member since Jan 2004
11919 posts
Posted on 12/20/15 at 9:13 pm to
My FIL works for an oilfield service company, he told me today that they are announcing their 1st round of layoffs tomorrow. He's already been told he's safe
Posted by stout
Porte du Lafitte
Member since Sep 2006
184600 posts
Posted on 12/20/15 at 9:13 pm to
quote:

On a more serious note, only an idiot could not have seen what is happening now in regards to oil.



All bubbles pop. Next is another real estate pop and as you said once higher education.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79874 posts
Posted on 12/20/15 at 9:16 pm to
quote:

Are the oil people in here bragging about their fun coupons?


I am great until the countries economy tanks next. Then I have to worry.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18419 posts
Posted on 12/20/15 at 9:21 pm to
quote:

I am great until the countries economy tanks next


Are you insinuating that the county's economy is going to tank because oil prices are going down?
Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
6855 posts
Posted on 12/20/15 at 9:22 pm to
My business is up because folks have the extra money. Not the first time I've noticed the correlation between oil prices and work for me.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/20/15 at 9:22 pm to
Lol
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 12/20/15 at 9:23 pm to
Really?

I clicked around and saw some salary penis stroking. I feel lucky just to know some oil people irl
Posted by BRgetthenet
Member since Oct 2011
118271 posts
Posted on 12/20/15 at 9:23 pm to
What kind of work?
Posted by blueboy
Member since Apr 2006
66899 posts
Posted on 12/20/15 at 9:23 pm to
quote:

On a more serious note, only an idiot could not have seen what is happening now in regards to oil.
Whether it's 10 years. or 50, or 100, O&G will be replaced by a better technology.

My family exists because of O&G, but society evolves. People say "O&G won't 'run out' for hundreds of years." I'm sure it won't but better technologies will replace it. After all, sailing ships were replaced by better technology though we never ran out of fricking wind.
Posted by BRgetthenet
Member since Oct 2011
118271 posts
Posted on 12/20/15 at 9:25 pm to
There was no way to tax the wind.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79874 posts
Posted on 12/20/15 at 9:26 pm to
quote:

Are you insinuating that the county's economy is going to tank because oil prices are going down?



I have no idea. Not an economist.

Just saying that I am doing great with how oil prices are. Just wish there was a balance so I didn't have to see La go in to that late 80s/90s shitstorm.

Posted by stout
Porte du Lafitte
Member since Sep 2006
184600 posts
Posted on 12/20/15 at 9:32 pm to
quote:

so I didn't have to see La go in to that late 80s/90s shitstorm.




I don't understand how it could be that bad for Laffy when there are tons of jobs in LC that Laffy people can drive over and do. Billions of dollars in development and all of that labor has to come from somewhere.
Posted by blueboy
Member since Apr 2006
66899 posts
Posted on 12/20/15 at 9:33 pm to
quote:

There was no way to tax the wind.
Donovan?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79874 posts
Posted on 12/20/15 at 9:36 pm to
quote:

don't understand how it could be that bad for Laffy when there are tons of jobs in LC that Laffy people can drive over and do. Billions of dollars in development and all of that labor has to come from somewhere.


I don't know how bad it can get. Again, not an economist.

Just figure that losing the amount of jobs projected will put us in the 20% range. That is a crazy amount of unemployment, Greece level type stuff.
Posted by stout
Porte du Lafitte
Member since Sep 2006
184600 posts
Posted on 12/20/15 at 9:53 pm to
quote:

Just figure that losing the amount of jobs projected will put us in the 20% range. That is a crazy amount of unemployment, Greece level type stuff.




Like I said, there will be thousands of jobs for the boom happening in LC. Why can't the laid off Laffy hands come do some of these jobs instead of trucking people into man camps from other states?
Posted by WalkingTurtles
Alexandria
Member since Jan 2013
5913 posts
Posted on 12/20/15 at 9:57 pm to
I'm a sales rep for a welding and gas industrial supplier. Our stores in south Louisiana have seen about a 20-30% reduction in sales. Luckily here in Alex we have a lot of industrial manufacturing and we have had a 20-30% increase in sales. So the company is solid, just waiting on oil and gas to pick back up.

JBE isn't gonna help with his idiot appointee who wants to charge the oil companies more..
Posted by biohzrd
Central City
Member since Jan 2010
5926 posts
Posted on 12/20/15 at 9:58 pm to
quote:

man camps


Well, all the unemployed women will be able to fall back on the oldest profession known to man.
Posted by blueboy
Member since Apr 2006
66899 posts
Posted on 12/20/15 at 9:58 pm to
quote:

Just figure that losing the amount of jobs projected will put us in the 20% range. That is a crazy amount of unemployment, Greece level type stuff.
Well, that's what happens when you elect a virulent communist president.

We were fricked the first time we did it. The 2nd time finished us off. But hey, it was the feel-good thing to do. Charismatic black guy. Slap your wife tonight, because she and the other dumb bitches inflicted us with this bullshite.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76192 posts
Posted on 12/20/15 at 9:59 pm to
quote:

There is no way to tax the wind.
Then how can you..

Posted by G Vice
Lafayette, LA
Member since Dec 2006
13185 posts
Posted on 12/20/15 at 10:00 pm to
Upvote. T. Boone Pickens had a plan.

ETA: so did Harold Shoeffler.
This post was edited on 12/20/15 at 10:01 pm
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