My company serves the oil industry. I’m nervous. Been laid off twice already during the Commie regime.
I can empathize. As a consumer, it has been nice to pay so little at the pump. However, I am a bigger picture person and realize the impact this has globally, and definitely locally (Texas specifically). It will trickle to all areas of the economy, not just the oil industry. Hopefully, you are currently employed and will remain so. I’m on the job hunt myself
I sell lumber to companies that build these “man camp” buildings. 2014 was a record year for my largest customer in the Boise area where many of these modular buildings are constructed. He is nervous. That makes me nervous.
These modular manufactures can switch to make apartment buildings or other residential buildings. However, these man camp buildings have made up the bulk of their business in the last few years.