@podunk, exactly. Â And a lot of companies are waiting to see if Hillary is elected. Â If so, just like with O, there will not be any capital projects going. Â Obamacare is going to kill many companies come Nov. Â And it will be even worse next year. Â So there goes the capital projects that help put people to work. Â If she is elected, things will get ugly in the world of work.
@yankeejessica, dh gets a lot of those too. Â But you know I am glad you are staying here
@Fallon: I don't know if they're actually waiting bc most still have shareholders to make money for. The biggest issue right now on the projects is the attention is turned to asset acquisition instead of development. Some companies are just sitting idle and waiting to see how things go because they were lucky enough to sell assets in the $50-60 range and there needs to be more signs of a turn-around. Midstream heavy companies are doing some developing in areas to get them gridded to entice more production in certain areas of the country. Now municipality and "NPO" projects will continue just because they tend to be attached to grants or endowments that put them in a use-it-or-lose it predicament. Hillary won't be good for the energy sector. A push to increase regs in this market is crazy. Since the tax revenue from production isn't coming in, the compliance agencies are out in full force with their nifty little fines. In my head, I have her trying to keep production here at the status quo, while raising the price of crude through regs to help boost the Saudi economy....lol, I hear life in Saudi isn't too bad, you can feel closer to TX with that new Aggie energy minister they have.Â
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