[Night Hides Not]

And to think that just a couple of summers ago, the Permian Basin was in the doldrums. We spent a night in Hobbs, NM where the hotels were at 25% occupancy...a few months before the slide, they were at 90%, and a half dozen new hotels were under construction.

One thing about those that live/work in the Basin, they know how to adapt to the boom/bust cycles of the oil industry.

[Rusty0604]

I lived there from the late seventies to the middle nineties. I remember during one bust the bumper sticker “last one to leave Midland turn out the lights”. I was working there once a month when the last downturn happened, lots of rigs lined up on 191. Better now.

[Rusty0604]

And then there was the bumper sticker praying for one more boom, promising not to p!$s off all the money this time.