Thread regarding Baker Hughes Inc. layoffs

Halliburton CEO: The oil industry's day of reckoning is near.

See yahoo.com article

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Post ID: @OP+E3D1DCB

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Heard Halliburton will layoff 800 people in Houston in the coming weeks.

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Post ID: @2g0d+E3D1DCB

Today is here tic toc

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Post ID: @1ZBz+E3D1DCB

If sanctions are lifted next year Iran won't be on stream for a couple of years. The US has a few years grace left but internal competition will keep prices low within the US, which is good for the economy but service companies will struggle.

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Post ID: @1dqO+E3D1DCB

His comments are very US centric.. the world is a vey big place outside of the US. When Iran comes on stream in 2016 US unconventionals will no longer be viable.

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Post ID: @1nzF+E3D1DCB

The end is coming.

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Post ID: @1ksG+E3D1DCB

Shit is it to late to jump ship

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Post ID: @fYY+E3D1DCB

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