Quote:
Originally Posted by Stealthee
I work(ed) for the supply side of things. We make hydraulic, fuel, air, oil field hoses, etc. We also sell supplies like pipe fittings, ball valves, hammer unions, etc, etc, etc.
I'm the guy that did whatever was needed. I worked up front as a CSR. I worked in back making hoses, helping in shipping/receiving/inventory as needed, pulled parts for orders, getting the account manager's truck loaded every morning for deliveries, taking other deliveries myself. If the boss was out I did billing at the end of the day.
I'm a versatile guy so if things don't turn around and I can't go back then I should be okay getting another job (once places start hiring again)
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Ah, I see. Well I don't see the oil industry getting going until middle to end of next year.
I also trade the stock futures markets, aside from my mechanic day job, and the outlook is not good for a quick recovery. Global oil storage is set to be completely full by June 1st, which means production will be stopped, whether oil companies want to cut production or not, and I'm looking for oil price to get below $10 a barrel (currently at around $19 a barrel). Just recently been starting to look at the oil markets, because of good volatility.
The only bright side I see for oil is China is now rushing to actually build some strategic oil storage. Seems more like another environmental disaster waiting to happen though. And still wont boost prices that much.