Quote Originally Posted by jonny d View Post
Has the same effect. People lost their jobs. OKC would do well to try to get some more non-O&G white collar jobs downtown. That's all I am saying.
You do understand how difficult it is right? Like heartland was a massive win that took years in the making.

The oil and gas industry fundamentally changed. Like it’s a 100% reversal.

Pre-2014 oil is rare. Find it. Produce it. As much as possible. We don’t even care if you’re making that much money cause it’s rare and since it’s rare value will climb. Eventually.

Post-2014. It’s not rare. It’s not THAT difficult to get. Go from an explorer and a whatever it takes mindset and become manufacturers. Watch your cash, debt, oil prices, etc etc.

That means leaner, less engineer dominated more financial business savvy minded. Might want to consolidate to have a larger share of the market to control the market to provide stability.

Devon, CHK, etc will never have those high of head counts again.

Diversification of industry is possible but takes decades. Paycom as an example. Paycom started 20 years ago. 20! It’s like turning a cruise ship. These things take a lot of time.

Fortunately our startup culture is getting better, the city is growing, entertainment options get better every day, etc. The seeds being planted today some will be big trees in 20 years.