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A bust hits the Oil Patch as rest of nation enjoys cheap gas

2016-04-17 18:40:03| Energy - Topix.net

In this March 18, 2016 photo, Douglas Randall, a 60-year-old fisherman-turned-oilfield truck driver, stands on a rain-soaked day near his semi-truck parked at a gas station in Houma, LA., awaiting his next job. He is paid per load and works for oil companies, but he says work has dropped off by half due to the low price of oil and a reduction in drilling.

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A bust hits the Oil Patch as rest of nation enjoys cheap gas

2016-04-17 18:08:32| Oil & Gas - Topix.net

In this March 18, 2016 photo, Douglas Randall, a 60-year-old fisherman-turned-oilfield truck driver, stands on a rain-soaked day near his semi-truck parked at a gas station in Houma, LA., awaiting his next job.

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Lucrative Opportunity During Oil Patch Volatility: Gastar Preferreds In Focus

2016-03-14 18:24:58| Logistics - Topix.net

Although this article primarily examines the fortunes of Russell Porter, CEO of Gastar Exploration , which is currently facing an existential threat, I am reminded of another oil patch executive, Gary Evans, CEO of Magnum Hunter Resources , now mired in bankruptcy. Yesterday, GST announced its 4th quarter and full-year 2015 results.

Tags: focus opportunity oil patch

 

No, Alberta's oil patch doesn't need a bailout

2016-01-18 18:53:24| Oil & Gas - Topix.net

Alberta's energy sector has yet to suffer anything like Ontario's manufacturing job losses, so calls for an auto sector-style bailout for the oil patch are premature There is a meme floating around Canadian policy circles that if the job losses that are currently occurring in the oil and gas industry were happening anywhere else in Canada, we would see a bailout. Like many memes, it is difficult to precisely identify its origins.

Tags: oil patch bailout albertas

 

Companies monitoring the oil patch by drone

2015-10-11 08:35:11| Oil & Gas - Topix.net

ADVANCE FOR USE SUNDAY, OCT. 11 - In this photo taken Sept. 23, 2015, Frank Hurtado shows some of the footage Midstream Integrity has taken during their oil field survey work in San Antonio, Texas.

Tags: companies oil monitoring patch

 

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