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Message: <blockquote data-quote="okietool" data-source="post: 2703206" data-attributes="member: 6030">DMany of the exploration companys run on a dollar in dollar out basis. They are growing a company, there are also circumstances where money was committed and contracts signed based on a cash flow that has been halved. As long as veterans of the 80s are around they will fear a repeat and act accordingly. It's not like they can put the profits in a savings account to use in the tough times.By the way, I think the 2000 H&P say they have layed off so far will only be about a quarter of what they lay off before this is over.</blockquote>