Trump promised them gas jobs. They got gassed on instead

Texas leads U.S. in oil and gas bankruptcies, job losses are a 'bloodbath'

Texas leads the nation in oil and gas bankruptcies, after oil and gas activity “suffered a bloodbath of sorts in April as the state began to register the full effects of the Covid-19 lockdowns, with upstream jobs tumbling to the largest monthly decline on record,” Natural Gas Intel reports.

But the signs were there prior to the coronavirus ever hitting, according to the Federal Reserve Bank of Dallas, because of the Russian-Saudi Arabian price war. In December, 2019, the Dallas Fed doubled its estimates for jobs losses through October 2020 because of volatile oil prices. It expected roughly 8,100 job losses in Texas’ oil and gas sector, the largest oil producer in the nation. -snip

dur

Originally posted by Robtard
Texas leads U.S. in oil and gas bankruptcies, job losses are a 'bloodbath'

Texas leads the nation in oil and gas bankruptcies, after oil and gas activity “suffered a bloodbath of sorts in April as the state began to register the full effects of the Covid-19 lockdowns, with upstream jobs tumbling to the largest monthly decline on record,” Natural Gas Intel reports.

But the signs were there prior to the coronavirus ever hitting, according to the Federal Reserve Bank of Dallas, because of the Russian-Saudi Arabian price war. In December, 2019, the Dallas Fed doubled its estimates for jobs losses through October 2020 because of volatile oil prices. It expected roughly 8,100 job losses in Texas’ oil and gas sector, the largest oil producer in the nation. -snip

There is already a trump thread.

I guess nobody took the mods serious about banning

Originally posted by Surtur
There is already a trump thread.

Originally posted by BrolyBlack
I guess nobody took the mods serious about banning

This is about the crisis that is happening to US oil and gas companies and their workers. Try and keep up, okay?

Odd cuz it's not framed like that, it's framed to bait and take a jab at Trump.

But it's all good, mods said bait threads were still valid 👆

He is the president who promised oil and gas workers a plentiful bounty, so yes, he is a part of it but not the subject.

Originally posted by Robtard
He is the president who promised oil and gas workers a plentiful bounty, so yes, he is a part of it but not the subject.

So it could have gone in the Trump thread.

No. See again:

Originally posted by Robtard
This is about the crisis that is happening to US oil and gas companies and their workers. Try and keep up, okay?

Okay, you're gonna gaslight now? Fine with me lol.

*sigh* That's the fourth post in a row meant to derail this thread out of you.

*Reported*

Originally posted by Robtard
*sigh* That's the fourth post in a row meant to derail this thread out of you.

*Reported*

Oh this is gonna be good. You post a bait thread, will the mods clamp down? We shall see 🙂

Crisis lol

Originally posted by Robtard
*sigh* That's the fourth post in a row meant to derail this thread out of you.

*Reported*

Originally posted by Old Man Whirly!
Don't get into it Rob, let them spam the report button, they just don't want to discuss any news they don't like.

I laughed. Get some dignity.

Originally posted by BrolyBlack
Crisis lol

HYG: "It expected roughly 8,100 job losses in Texas’ oil and gas sector, the largest oil producer in the nation. But within a few months, a loss of 8,100 projected jobs turned into more than one million" -snip

"CRISIS!"

Originally posted by Robtard
HYG: "It expected roughly 8,100 job losses in Texas’ oil and gas sector, the largest oil producer in the nation. But within a few months, a loss of 8,100 projected jobs turned into more than one million" -snip

Originally posted by BrolyBlack
"CRISIS!"

Expecting to lose 8,100 jobs and then losing over a million. Yeah, kinda is a crisis in that specific part of the industry.

Originally posted by Old Man Whirly!
it's actually horrific.

I feel bad for people in this industry. They just want to work and feed their families.