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To: BeauBo

I work in the Oil and Gas industry, we manufacture machined parts and stud bolts/nuts.

Our CNCs are running 24 hours a day, our threading machines are barely running 8 hours a day.

There has been a very slight increase in orders the past two weeks after a 5 month decrease.
We will see if the increase holds or if its just people replenishing base inventories.

Bring on the V, I have some folks I need to rehire.


11 posted on 09/02/2020 12:18:01 PM PDT by TexasM1A
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To: TexasM1A

The Oil and Gas industry is kind of a notoriously boom/bust special case - currently experiencing bust pricing.

I am afraid that Global demand will need to pick up next year, to really revive the boom, but US demand is growing solidly.

Never know what is going to happen Internationally.


12 posted on 09/02/2020 12:25:35 PM PDT by BeauBo
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