because I am "them". Quit Halliburton in '14, got hired back as a consultant shortly after then laid off as soon as it started slowing down. Havnt worked in over a year, no unemployment, just loving the time with my kiddos.
Every single person on those rigs made great money. I know dozens of guys without a high school diploma making $75k+ per year for YEARS.
They make enough money to put some back for times like this...and they ALL knew it was coming for some time. They chose to buy $50k fancy pants duramax pickups and build brand new $250k homes and are now all over social media crying about it. Well call me cold but boodee hoo hoo.
Just hope a lesson is learned for those having self created hard times.
Yeah, people don't grasp how far oil prices reach or the overall economic impact an oil bust can have.What amazes me is that people ***** when oil is up then ***** when tax revenue is down because oil is down and people stop spending money brought in by oil.
I hate seeing the layoffs but i like gas where its going. Id like to see it at a dollar again.
Hate the reality all you want, but we need a MUCH more diverse economy than we have before an oil bust can be called a "good thing".
Yeah, it worked wonders for diversifying our economy in the '80s. And every other bust in the boom/bust cycle.It just might be that the oil bust is the very thing that stimulates and accelerates the development of that very necessary much more diverse economy(in Oklahoma at least).
Yeah, it worked wonders for diversifying our economy in the '80s. And every other bust in the boom/bust cycle.
Im in... Im retireded pretty much so if and when the wife retires within this decade and if it aint happened here yet I want to seriously consider moving next door to CO or at least have a solid 2nd place there. We're there quite a bit as it is so it might be even cooler to be living there in our own place instead of renting a place for a few weeks a month. Just sayin', theyre having alot of fun over there...It ain't the 80's anymore. Maybe it's time to smarten up, instead of repeating the same mistakes of the past. Letting the Green Rush pass us by will be one of the biggest mistakes Okies ever make.
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