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The Water Cooler
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Oilfield Layoffs
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<blockquote data-quote="1krr" data-source="post: 2708278" data-attributes="member: 750"><p>There isn't a capitalist reason, just an energy monopoly reason. But the good news is that higher prices make alternatives more attactive. They haven't had a century to reach the economies of scale the oil/gas/coal has and are already rivaling the end user prices for energy. Best case scenario (except for family farms which are being killed by energy prices) is that the prices spike, we get people who've been dumped by their companies back to work, and continue pushing alternatives. In 10 years as those energy sources get online and there are more and more efficient tranport options, people in oil/gas have time to plan for it. If they blew their bonuses on 70k trucks pulling 100k boats, tough ****, it sucks to be hungry. But if they save it and figure out that standing up a wind turbine isn't that different from standing up a rig, the have work until the day they retire.</p></blockquote><p></p>
[QUOTE="1krr, post: 2708278, member: 750"] There isn't a capitalist reason, just an energy monopoly reason. But the good news is that higher prices make alternatives more attactive. They haven't had a century to reach the economies of scale the oil/gas/coal has and are already rivaling the end user prices for energy. Best case scenario (except for family farms which are being killed by energy prices) is that the prices spike, we get people who've been dumped by their companies back to work, and continue pushing alternatives. In 10 years as those energy sources get online and there are more and more efficient tranport options, people in oil/gas have time to plan for it. If they blew their bonuses on 70k trucks pulling 100k boats, tough ****, it sucks to be hungry. But if they save it and figure out that standing up a wind turbine isn't that different from standing up a rig, the have work until the day they retire. [/QUOTE]
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