Oil services industry announcing today that they expect 15,000 job losses in 2015.
Also watched a video where the analyst expected a whiplash effect (I mentioned this a bit ago) where oil prices could have a hard swing back and even see $200/brl.
Have seen articles saying it will take years for the price to come back while others say recovery later this year.
Speaking of whiplash, just read the news each day!
On a side note, was a story in the paper here the other day claiming automakes have new engines that can get 100km on less than a litre of gas or about 350mpg. Bring it on.
Oil story is far from over.
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