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Oil Prices, Energy Trends & What Comes Next

So I have some friends on FB from the town I use to work in. It seems like 3 of them have been let go lately from different companies in the town. Now after the first one I thought maybe they did something wrong, but with this many lately I wonder if the business are starting to finally hit hard times and starting to lay people off before winter?
 
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Talking to a friend of mine back there, his parents just moved back to Texas, they moved up there when the boom started. His dad was in oil, but sounds like it dried up.
 
Talking to a friend of mine back there, his parents just moved back to Texas, they moved up there when the boom started. His dad was in oil, but sounds like it dried up.
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Well yeah who thought it would last forever? Would have been safer to stay in Texas where it's more steady as far as oil goes. Plus why leave there and come up to the terrible winters we have?

 
Well yeah who thought it would last forever? Would have been safer to stay in Texas where it's more steady as far as oil goes. Plus why leave there and come up to the terrible winters we have?
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For the money I suppose, he was some higher up, they had a place in South Heart.

 
Talking to a friend of mine back there, his parents just moved back to Texas, they moved up there when the boom started. His dad was in oil, but sounds like it dried up.
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Two guys that I know from back home just took jobs out in the oil country with no prior experience. Probably not super high up jobs but they are hiring.

 
Two guys that I know from back home just took jobs out in the oil country with no prior experience. Probably not super high up jobs but they are hiring.
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There are still going to be jobs. It's not like it's dried up, they just aren't pumping as much anymore and don't need the workforce like they use to. I do  find it interesting when the higher ups leave though, that is when you know it's bad.

 
There are still going to be jobs. It's not like it's dried up, they just aren't pumping as much anymore and don't need the workforce like they use to. I do  find it interesting when the higher ups leave though, that is when you know it's bad.
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I think the demand is more in Texas right now. They are really hammering the Permian Basin. That's where the money probably is right now.

 
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