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That's pretty interesting about the new technologies and how small businesses can still operate profitably in the current price range. Where did you read about
by VeilEm 11y ago
That's pretty interesting about the new technologies and how small businesses can still operate profitably in the current price range. Where did you read about this?
- hughw 11y agoI work in the drilling data industry and have access to data as well as anecdotal observations. But there are lots of published articles e.g. [1], [2] [1] http://www.nytimes.com/2015/05/12/business/energy-environment/drillers-answer-low-oil-prices-with-cost-saving-innovations.html?_r=0 http://www.nytimes.com/2015/05/12/business/energy-environmen... [2] http://www.worldoil.com/news/2015/8/12/oil-at-30-is-no-problem-for-some-cost-cutting-bakken-drillers http://www.worldoil.com/news/2015/8/12/oil-at-30-is-no-probl...
- fnordfnordfnord 11y agoLook in that data and tell me how many companies are hiring. These companies are treading water. They are furlough-ing people, laying people off, getting bought by bigger companies looking for a bargain, etc, etc, etc.
- hughw 11y agoOh, absolutely. They are adapting.