Ferrari Mailing List: Oil company bail-out

[rolindsay (rolindsay]

Hey Gang,

Oil is selling for 1/3 what it sold for a year or so ago. Same with 
gasoline/petrol. 

Its funny that no one is offering bail-out money to an industry earning 1/3 of 
what it did just a year or two ago. And unlike Ford, GM and Chrysler, we don't 
make a crap product!  And our industry is grossly under staffed with 
increasingly fewer senior scientists and engineers.  Many campuses believe the 
CNN-style uber-greenie crap and now discourage students from entering the 
energy sector. Been there, witnessed that!  Let's just hope that we don't end 
up with layoffs and early retirements in oil and gas exploration, as in 
previous down-turns, or pretty soon $4 gasoline will seem like an incredibly 
fantastic bargain. 

Rick - waiting for the recovery, or retiring
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