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re: Why all the hate for oil field baws?
Posted on 4/22/20 at 11:34 pm to Bayou_Tiger_225
Posted on 4/22/20 at 11:34 pm to Bayou_Tiger_225
Why can’t you be in O/G and work in an office? Depending on what you do, you can be pretty well insulated from the market volatility if you’re with corporate.
Posted on 4/22/20 at 11:35 pm to Sun God
Apparently his job is isolated from any market conditions and it will never have a downturn.
Posted on 4/22/20 at 11:35 pm to GreatLakesTiger24
quote:
GreatLakesTiger24
You are so weak that bored housewives facebook memes trigger you?
Good lord boy, man up and grow a sack.
Posted on 4/22/20 at 11:38 pm to Sun God
Nope, I live in BR. But I'm a CPA and have been working steadily from home through all of this.
And just because I choose to live here doesn't mean I have to stay. I'm not locked in to certain regions like oil and gas people are.
And just because I choose to live here doesn't mean I have to stay. I'm not locked in to certain regions like oil and gas people are.
Posted on 4/22/20 at 11:38 pm to Simplemaaan
Deleted like 2 pages of drunk Wednesday stories.
Most of the plant workers I know are the salt of the earth. Many over extend themselves bc they don’t have the financial education or discipline to handle the paycheck.
Live beneath your means is true for all classes.
Most of the plant workers I know are the salt of the earth. Many over extend themselves bc they don’t have the financial education or discipline to handle the paycheck.
Live beneath your means is true for all classes.
Posted on 4/22/20 at 11:40 pm to Sun God
quote:
I’m sure Bayou Tiger 225 lives in an area completely isolated from the drop in oil prices
Lower regional economic output has the ability to hurt almost every industry.
It's kind of like people that didn't work for banks thinking they were good in 08.
Posted on 4/22/20 at 11:40 pm to Bayou_Tiger_225
There are several refineries here in the area that still hand out 60% pensions with a 6-9% match. If that doesn’t motivate you to make a switch, nothing will.
Posted on 4/22/20 at 11:42 pm to Bayou_Tiger_225
quote:
Nope, I live in BR. But I'm a CPA and have been working steadily from home through all of this.
And just because I choose to live here doesn't mean I have to stay. I'm not locked in to certain regions like oil and gas people are.
I'm not stuck here either but a down oil industry hurts this state which is likely to hurt all other industries.
Posted on 4/22/20 at 11:44 pm to Bayou_Tiger_225
You must be a shitty CPA if you stay in LA
Posted on 4/22/20 at 11:47 pm to fallguy_1978
I'm not denying that the state isn't hurt over the low oil prices, but everyone in industry still has to file their taxes and submit their financials at the end of the day right?
Posted on 4/22/20 at 11:48 pm to fallguy_1978
quote:
I'd bet most hotel managers, car dealers and home builders don't enjoy rock bottom prices in their industries either
Their industries are a bit more isolated. O&G affects everyone. When budgets are tight and gas is $3.50 a gallon, nobody wants to see a bunch of dancing bananas on TigerDroppings because the price of oil just went up again.
Posted on 4/22/20 at 11:48 pm to Bayou_Tiger_225
Not if they're no longer in business
Posted on 4/22/20 at 11:49 pm to Bayou_Tiger_225
So you’re completely isolated in Louisiana from the precipitous drop in oil prices? Your home won’t lose value? You won’t lose clients?
JK beat me to it
JK beat me to it
This post was edited on 4/22/20 at 11:51 pm
Posted on 4/22/20 at 11:52 pm to Bayou_Tiger_225
quote:
I'm not denying that the state isn't hurt over the low oil prices, but everyone in industry still has to file their taxes and submit their financials at the end of the day right?
Even the healthcare industry sees big revenue drops during economic downturns. I'm not necessarily referring to coronavirus either. They hurt in 2008-2009 like most other industries. There aren't many that are immune.
Posted on 4/22/20 at 11:54 pm to TulaneFan
quote:
baws
Just that word right there is enough for me.
Posted on 4/22/20 at 11:54 pm to Bayou_Tiger_225
quote:
I'm not denying that the state isn't hurt over the low oil prices, but everyone in industry still has to file their taxes and submit their financials at the end of the day right?
Just wait until we completely overhaul the tax code and simplify the shite out of it. What if we just did away with income tax and went solely to sales tax. Yes I know, this will never happen but I can dream.
Posted on 4/23/20 at 12:01 am to fallguy_1978
quote:I'm not claiming to be completely immune. Lord knows my 401k has taken a hit. I just don't feel ultra sorry for the oil and gas baws. They chose an industry that revolves around booms and bust. I chose an industry that provides more stability. I went to college to get to where I am, and they didn't. That doesn't make me any better than them, nor them any better than me. It just is what it is.
They hurt in 2008-2009 like most other industries. There aren't many that are immune.
Posted on 4/23/20 at 12:04 am to Bayou_Tiger_225
I’m an O&G dude. Made some good money off it. What me and fall and some others are saying is low oil prices mean bad (aka worse than usual ) times for LA residents on the whole
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