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Shellie here and I wanted to share an infographic I took the time to create that is showing our current oil prices.
I also would like to share my opinion on the whole oilfield employment situation.
A lot of people have been asking me my opinion on our economy and my thoughts toward the oil industry.
Well, here it is.
Do I feel sorry for our oilfield workers? Certainly not and allow me to explain why.
The oil industry has been booming since 2009. Yes, prices have not dropped this drastically since ’08 but wouldn’t you understand that the oil industry is an up and down market?
The number one rule in finances is don’t put your eggs in one basket. Spend wisely. Do people listen?
I’ll go ahead and let you answer that one. Look, it’s very unfortunate when you a person is laid off, but the opportunity to expand is always there for an American worker that has been employed for several years.
Let’s not blame the government and the industry for difficult financial times.
I believe we all need to take responsibility for our own spending activities.
Ask yourself. Did we really need the two car payments of $550.00 per month?
We’re wishing all of the unfortunate men and women that have been affected by the drop in oil prices the best of luck.
One thing I’m tired of reading and hearing from people is the blame game.
That’s the main point I wanted to get across today.
Other than that enjoy the infographic and please leave your thoughts and suggestions in the comments box.
Also don’t forget to leave your contact information so we can send you all of the content that is created on this blog.
We have heard time and time again about hydraulic fracking in America. If you have never really researched the subject and rely simply on what you hear on the news, 9 out of 10 times you will probably be against fracking and what it is all about.
First we are going to talk about the definition of hydraulic fracking and then get into some other subjects that could be affecting our earth and economy.
So what exactly is fracking? The best answer I could find that explains it the best is as follows. Fracking is short for hydraulic fracking. Fracking is a type of oil field drilling that is performed by cutting edge horizontal drilling rigs to produce a flow of natural gases and crude oil. Hydraulic fracking involves tapping into shale and rock formations thousands of miles below the earth.
Pretty vague definition right? No worries, we are going to break this down in greater detail soon enough.