[central_va]

On the flip side of that, for every oil worker and support person who were making money on those jobs and have found themselves out of work, there will no longer be those people spending the same amount of money in the economy.

So restaurant jobs, stores, local business, shipping, and a multitude of other jobs that were not directly related to oil production, but a beneficiary of it, will now shrink. Then those people who were making money from the results of oil jobs are no longer making money from the oil people, either.

Replace the words "oil worker" with "manufacturing worker" and the rest would be true too.

[IYAS9YAS]

Replace the words "oil worker" with "manufacturing worker" and the rest would be true too.

Yes. True.

And, jobs will shift, some will benefit, some will not. Those benefitting from low oil prices will create more jobs, and those will needs support, and will also support others. It's the nature of the free market. The problem is, we no longer have that free market.

[thackney]

Replace the words "oil worker" with "manufacturing worker" and the rest would be true too.

Yep, those making pipe, valves, fittings, pumps, motors, actuators, controllers, cables, etc..

All those people that made things the oil companies are no longer buying.

Hundreds of Billions of dollars no longer being spent by oil companies are a lot of indirects without those orders.