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The Water Cooler
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If You Are PLanning To Fill The Gas Tank....
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<blockquote data-quote="16colt" data-source="post: 2838969" data-attributes="member: 529"><p>I have been reading through the past posts and would like to point out a few things that appear to be overlooked. The oil and gas industry is NOT only made up of the "overpaid" roughneck oilfield workers commonly referred to (whom I personally have a great deal of respect for). In Oklahoma, this downturn affects many more people. Downtown Tulsa and OKC offices are filled with workers that are in constant concern of losing their jobs. These jobs are not only the high paying jobs several people seem to be bashing here, but all the support staff jobs. Engineering techs, geo techs, land techs, gas marketing, and all the accounting staff. These individuals show up to work everyday (not in $50K vehicles) and try to put in an honest days work to provide for their families. Each day they wonder if it will be their last.</p><p>A former post mentioned how companies use these times to "trim the fat". I agree, but in many cases, and within many companies, those layoffs have already taken place. Now its down to having to consider cuts of others simply because the extremely low commodity price cannot support them. Stockholders still want to see companies reduce costs even if that means cutting lose employees that are doing a great job.</p><p>Many Oklahomans are suffering and will continue to suffer until prices stabilize.</p></blockquote><p></p>
[QUOTE="16colt, post: 2838969, member: 529"] I have been reading through the past posts and would like to point out a few things that appear to be overlooked. The oil and gas industry is NOT only made up of the "overpaid" roughneck oilfield workers commonly referred to (whom I personally have a great deal of respect for). In Oklahoma, this downturn affects many more people. Downtown Tulsa and OKC offices are filled with workers that are in constant concern of losing their jobs. These jobs are not only the high paying jobs several people seem to be bashing here, but all the support staff jobs. Engineering techs, geo techs, land techs, gas marketing, and all the accounting staff. These individuals show up to work everyday (not in $50K vehicles) and try to put in an honest days work to provide for their families. Each day they wonder if it will be their last. A former post mentioned how companies use these times to "trim the fat". I agree, but in many cases, and within many companies, those layoffs have already taken place. Now its down to having to consider cuts of others simply because the extremely low commodity price cannot support them. Stockholders still want to see companies reduce costs even if that means cutting lose employees that are doing a great job. Many Oklahomans are suffering and will continue to suffer until prices stabilize. [/QUOTE]
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