You still don't understand how wide spread the oil industry helps/hurts many other areas of business.
No. You don’t understand markets. They go up and down. They need to go down so people can afford to get in them. Then they go up and those people benefit. Then they go down again so people can get in them. Then they go up so......get the picture?
I read a financial report last week that said for every job in the oil field, 2.8 jobs in other industries are created. CAT is one but there is a huge impact in other industries such as safety equipment, tires, heavy work clothing, steel for pipe and equipment, automobile and trucks, aviation and the list goes on and on.
Mr. Up/Down is a moron.