Thread regarding Dril-Quip Inc. layoffs

https://www.wsj.com/articles/we-pulled-the-plug-as-oil-prices-plunge-drillers-in-the-gulf-shut-off-wells-11587558182

BoD TRY TO SOLVE THE MATH.
‘We Pulled the Plug’: As Oil Prices Plunge, Drillers in the Gulf of Mexico Shut Off Wells
The offshore sector accounts for roughly 15% of U.S. oil output, and as smaller drillers shut wells due to low prices, they worry some production may not return for years.

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