I have worked for the oil industry over 30 years, and your comments about it having a bright future is bogus. Sales and production projections indicate that demand will drop hurting the group. This will then trigger a reduction in investment of infrastructure, creating a double whammy on local economies where they opeate. I am not talking early 80's armagaddendon, but the outlook is bleak. Margins will be in the toilet.
You really need to research better before making polyanna comments.
You need to visit North Dakota today before spouting that somehow the oil industry is in bad shape.
Quite the contrary.
The oil industry is booming! Hello Houston, Texas!