[grania]

Those high-paying jobs associated with the oil industry fueled many economies. Does anyone have a clue what happens when those well-paying jobs, globally, are lost? Will the money saved by consumers be spent in a way that creates jobs that pay well or in a way that creates low-income job opportunities?

It just seems that we're in unchartered territory here, and nobody, globally, knows what will happen and what to do about it.

[cloudmountain]

British Petroleum: R.I.P.

[cloudmountain]

Now, when BP says it’s cutting thousands of jobs, I believe them. Believe the Chinese lies? Nope. The two cultures are as different as night and day.

[chajin]

Bernie Sanders has two reasons to smile this afternoon. I would remind him to be careful what one wishes for.

[proxy_user]

So nobody suspected they were in trouble until they announced their earnings? Strange are the ways of the stock market...

[grumpygresh]

What’s worse is that backs are heavily invested in oil companies. The dominoes could fall.

[Cletus.D.Yokel]

How many of those 7K are related to the ^severe^ downturn in the North Sea?

Hydro/Troll is sucking wind right now.

[napscoordinator]

Shameful after making record setting money for 6 previous years with gas prices out of sight. Is it any wonder why energy companies are not favored in most areas? They make all this money and hoard it and then say, “oops...we have no money because the gas prices went down a little bit.” What a crock.