I hope everyone left knows they have another one planned in june. It is not over just the first one. stock will be wort a dollar in 6 months
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Eventually all IT in the US will go to India. It is frustrating because I have heard companies whine about not having enough qualified people here in the US. I took many computer programming classes in college with people from that country and a lot of them cheated. I don't see how that makes them more qualified but I guess the real reason is the excessive regulation and taxes here.
Do people know how to read anymore? This is verbatim folks "On a side note, ask yourself why the US government didn't step up and tax FOREIGN oil"... Never disputed the fact that we could be self sustained with domestic production. Maybe this explains why some of you were laid off. Next time read and comprehend before you reply.
No worries the Saudis will hire all of us after the kick the crap out of fracing.
The truth is IT will be outsourced. You can take this the way you want, but this is fact ,has been discussed and discussed, specially in this commodity environment. This has been and always will be the trend. Pack your sh*t folks, we are going away.. we are going away..
Isn't Richel still on the board?
Your buying our Dirty Oil at a discount anyway, why tax it.
I predict something bad will happen somewhere by the end of the year. You may not believe me but I'm pretty sure I am correct.
Lol oh please we all know by now dates and layoff predictions are always wrong here
True story. Over heard it in a meeting where an HR lady let it slip that "we won't have to worry about that much GA cost by summer."
Actually, there's no apostrophe. Dolt.
Do you have nothing better to do? I'm so happy I didn't grow up a nerd like you. Leave the energy business alone. Everything you use and see on a daily basis is a byproduct of our Industry. And if you are going to troll oil websites, it's called FRAC'ING. There is not a K in the name. Dolt. Enjoy your liberal arts degree over foreign 16th century obscure art that you now have 100K in debt for.
This was all in the making after OPEC made their announcement the Friday after thanksgiving in 2014. The majors wanted to devalue the independents to buy them and/or their assets up at next to nothing and drive he market down because most were either levereged with credit or owned by hedge funds. We haven't seen anything yet. Everyone knew what the break even was with fracking. I'm just surprised that Exxon Mobil didn't get the memo and bought xto back in 2008. In hindsight Larry should have picked up the phone when they called.
On a side note, ask yourself why the US government didn't step up and tax foreign oil. Totally threw our economy under the bus. You'll see the impact to other commodities, goods and services sometime next year.
I miss Richels.