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01Jul2015

Rig Count Ends It’s 28 Week Slide

According to Houston based oilfield service giant, Baker Hughes, the North American rig count for the week of June 26th saw it first increase since rigs started shutting down last October.  The rig count increased to 859 rigs, up 2 from the previous weeks’ count of 857.  Most of the increase in activity came from
  • 1 Jul, 2015
  • Tim Cook
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26Jun2015

Watch the Rig Count For Jobs to Return

Mark Twain once said, “History seldom repeats but it often rhymes.”  I am using that philosophy to help determine how long the current downturn in the oil and gas industry could last. Everybody has their opinion but no one really knows for sure.  The best we can do is look at previous downturns in order to make
  • 26 Jun, 2015
  • Tim Cook
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24Apr2015

Oil Layoffs Hit 100,000 and Counting

Reprinted with permission By DAN MOLINSKI The Wall Street Journal April 14, 2015 7:55 p.m. ET Like many other oil-field workers, Chris Sabulsky spent years working a schedule known as “14 on, 14 off:” two weeks at an oil or gas well somewhere followed by another 14 days at home in East Texas, fishing for
  • 24 Apr, 2015
  • Tim Cook
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23Jan2015

Oil Surges After Kings Death

Oil prices surged on Friday following the death of Saudi Arabia's King Abdullah. What does this mean for the price of oil in the long term?
  • 23 Jan, 2015
  • Tim Cook
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