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The Water Cooler
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Oilfield Layoffs
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<blockquote data-quote="SlugSlinger" data-source="post: 2702971" data-attributes="member: 7248"><p>The slight rally in oil prices is what they call a dead cat bounce in the investment world. It's back below $50 at $48.88 or down (7.9%) today.</p><p></p><p>US Crude inventory jumped 6.3 million barrels to 413, the highest since recording began in 1982.</p><p></p><p>We are not through the woods yet.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 2702971, member: 7248"] The slight rally in oil prices is what they call a dead cat bounce in the investment world. It's back below $50 at $48.88 or down (7.9%) today. US Crude inventory jumped 6.3 million barrels to 413, the highest since recording began in 1982. We are not through the woods yet. [/QUOTE]
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