Thread regarding Baker Hughes Inc. layoffs

Historically, $55 oil is not that bad!

Everybody is rolling over dead. WTF?

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Post ID: @OP+B2m4wmW

4 replies (most recent on top)

www.businessinsider.com/baker-hughes-rig-count-april-17-2015-4

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Post ID: @1ILk+B2m4wmW

Right now the price of oil per barrel is less significant than you'd imagine. The reserves are almost plum full (think of a certain one in Oklahoma), beleive it or not (you should already know) theres an excess of oil and not enough demand. There arent orders coming in. Naturally theyll put us down before giving up their bonuses etc.. i agrre fully on that being their greed keeping us in a hole.

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Post ID: @1SKk+B2m4wmW

This is about hally and the fact that oil won't boom again.

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Post ID: @1Rfu+B2m4wmW

I totally agree. They just all greedy pigs. All stuck their neck out so for in debt. Now they can't afford to play like the big boys that actually ran these companies at one time.

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Post ID: @1QM4+B2m4wmW

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