Jugs there have been many companies cutting back the 4th quarter some of its natural this time of year but this time it is definitely worse than usual.Lots of oil guys calling me for trucking work. Apache and others like them cutting staff 10-15%. We have several thousand wells drilled waiting on fracing. Not to worry there is still plenty going on. There has been a big boom on cheap oil because now we can export what we don't need. We are still running wide open with several of our construction jobs being 2 and 3 year projects. We just landed a 400 acre upgrade at a local golf course adding 9 more holes to 27, and a new Hilton hotel, a new club house and 500 new homes and some offices. First we start on a $2,000,000 retention pond so the golf course can always have water here in the desert.
As far as the oil fields go it could all be the election coming with big oil waiting to see if the booming economy will continue. It will imo. Dems want to strangle fossil fuel but I don't have any doubt about who wins the next election. The drilling shall continue in the Permian Basin.
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