Folks, there are so many plays in the US that there is a massive shortage of workers in the O&G sector.
In the past, folks from TX, OK, LA and AK would move around to the hottest play.
Now, there is so much activity and so many centuries of energy in these plays that local workers are required.
We are talking about generational employment here, folks! The people working in the fields today will pass it along to their children and grandchildren.
150 years from now, people will talk about their great grandad who helped drill the first wells in XXXXXXX.
Rush touched on this today. When Obama loses this fall, the new POTUS will only have to open up energy development and the economy will start its march toward another 20-year boom like we saw under Reagan.
And if Boehner and McConnell are not replaced and Romney doesn't grow a pair to totally downsize and streamline Govt, the boom may not be as good as you think.
Look at Ford...
Just got out of Junk Bond Status this week.
They cut expenses, and on the Revenue side the new product. If they didn't do both they would have been screwed period, just like we will.
It is worse with Congress and the Senate, they will continue to spend unless we send more Tea Party re-inforcements...
My auto gnome made a good point the other day. One of Mulally's turn around guys that retired recently was a fellow by the name of Booth and noted he was a bloody genious. Said auto gnome noted he is a must appointee for Romney...