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Posted on 9/26/15 at 5:23 pm to Jack Daniel
Stout makes more than 30k a year dude
Posted on 9/26/15 at 5:25 pm to JJBTiger2012
Why didn't all these layoffs happen in 98/99 when gas was under a buck?
Yet we want gas to go back up now.
I don't understand
Yet we want gas to go back up now.
I don't understand
Posted on 9/26/15 at 5:28 pm to lsucoonass
My guess would be higher demand and less supply back then and they never stopped drilling like they have now.
Also, the cost of drilling is much higher along with the shale boom that didn't help the U.S. Either.
Also, the cost of drilling is much higher along with the shale boom that didn't help the U.S. Either.
This post was edited on 9/26/15 at 5:30 pm
Posted on 9/26/15 at 5:34 pm to tgrbaitn08
Many of these factors with inflation also contributing. People often remember the good ole days and how cheap things were but fail to factor in inflation, $1 in 98 is equal to about $1.50 now.
Posted on 9/27/15 at 2:05 am to lsucoonass
Are you kidding? The bottom fell out in the mid 80s and lasted until mid to late 90s that's why you didn't see a layoff. The oilfield really didn't start picking back up until the 2000s.
Posted on 9/27/15 at 5:39 pm to lsucoonass
quote:
Why didn't all these layoffs happen in 98/99 when gas was under a buck?
Because US oil/ gas production wasn't anywhere near what it has been lately and there weren't nearly the jobs to cut
Posted on 9/27/15 at 7:09 pm to jennyjones
Why is this thread still active? There is nothing left of this horse to beat. Let it go and move on with your lives.
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