Thursday, January 22, 2015

12 Signs That The Economy Is Really Starting To Bleed Oil Patch Jobs

Zero Hedge: "
In states like North Dakota, Oklahoma and Texas, which have reaped the benefits of a domestic oil boom, the retrenchment is beginning.
 
“Drilling budgets are being slashed across the board,” said Ron Ness, president of the North Dakota Petroleum Council, which represents more than 500 companies working in the state’s Bakken oil patch."