Gas prices

[Goooh]

Originally Posted by "W"

Soo what about people who make a living off oilfield services like big hunting lodges and guides ??



How much money do you think they have saves up ? Enough to last how long ??



Short term is no big deal but long term will hurt way more than just mom and pop companies



Don't you work In the oil industry ??



Hotels could close down in small towns that support workers from out of town like places up north where the gas boom was creating thousands of jobs



If no jobs are there then everyone suffers from the gas station to the hotel workers

If you maintain your employees and payroll as a mom and pop driller with an emergency fund then the economic reach isn't as great as what you are picturing.

My competitor laid off dozens during our last economic downturn and we hired people... We didn't cut anything and were able to attack the market and scoop up where our competitors failed due to poor money management.


Sent