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To: raptor22

The industry is not that which should be dying


4 posted on 02/01/2012 12:55:41 PM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: bert
There are an awful lof of oilfield service company hands up here (North Dakota) working, and some are hands who would have likely been working in the Gulf had the moratorium not been imposed.

When the work is spread thin by delays, it is hard to keep people if it isn't that way elsewhere.

When the time grows between being able to send in invoices, that hurts like all get out, and if you are using people with a base salary and benefits you have to continue paying for those, and for worker's comp, regardless of the thinly stretched revenue stream. That crunch can be a killer, especially for smaller businesses which are less likely to be spread over multiple service areas.

6 posted on 02/02/2012 6:29:22 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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