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Cranfield wrote: »
The lay offs are happening all round the world, where oil activity falls below the economically viable level.
Large areas of the North Sea operations are on restricted activity, or shut down.
These operations will just be mothballed until the price rises again and it will.
illinoisfisherman wrote: »
The strike called today by the western state unionized roughnecks may put the brakes on us production really quickly. Waiting and watching
Should this strike even be allowed? This production is of national importance and crucial to the security of our country. When Dad went on strike on the railroad post WW2 Harry Truman "drafted them" and ordered them all back to work. Oil companies should not be allowed to run the country! railroads thought they did before this and "Give em Hell Harry" smartened them up quickly enough.
NOLE66 wrote: »
It will be back up to $3+ by Labor Day, guaranteed.
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