Lyle Savant
Well-Known Member
No regrets here, my truck & wallet are loving it; well it's like Christmas!
I hope it rebounds some.
I work offshore on boats and have seen a few friends get laid off and some of our boats get stacked (it always gets slow in the winter, but not like this).
Hell I'm sitting in Fourchon wait for a job for our boat now. They've already cut out 401k match and few other things, not my pay (yet).
Not looking good for a while.
Yeah, it's just the cycle. Save your pennies for these times. Some of us are lucky enough to have a base salary, so a little time off isn't too bad.
I paid $1.63 at Costco last Saturday -- lowest I've seen in a long time. It's not gonna last, so might as well take advantage while you can. The Saudis are playing chicken with the rest of the oil producers with the goal of driving marginal producers out of business, then expect prices to rebound.
So some in the oil industry suffer a bit? Why?I love he lower prices and hope they go lower and stay there. So some in the oil industry suffer a bit. The rest of the country has been suffering for some time and the benefits to the whole country from lower fuel prices will far outweigh the suffering of a few from one industry.