What Happened to All the Oil Well Service Equipment and Drilling Equipment?
In recent years, companies involved in well drilling and maintenance have done exceptionally well. However, the industry's history of dramatic cycles has served to dampen investor enthusiasm. Having a multi-million dollar piece of machinery out in a field harvesting weeds isn't exactly reassuring. A few years ago, as the price of oil began to increase again, there was resurgence in the need for drilling, which in turn brought back the rotary giants. But the intriguing question is, even while machinery can be replaced, what happens to the people who use it? Many people who did well Buy Healing Frequency Machine in the 1970s and 1980s saw their profits dwindle over the next two decades. Many of the talented individuals left to pursue greener pastures because of this. As oil prices remained low for a considerable amount of time, it was difficult for the typical family oil business to make ends meet. Funny, I don't remember ever seeing or hearing so much fury from poli...