BAD ECONOMIC NEWS

[AllanY2525]

Precisely - it's the economy and the market.  If sales of the Cruze, etc. were
to get very slow I'm sure GM would cut hours and/or positions at the Lordstown
assembly plant.

Rick is exactly right.

[Rick Rowlands]

Its not a pig in a poke, its economics.  There are three commodities being drilled for, crude oil, natural gas and wet gas.  Around here we are drilling for wet gas, and that is not sold as a fuel.  Once the price of crude oil rebounds the drilling and exploration will continue. 

[Irishbobcat]

Well, it looks like not enough people bought the fracking lies hook, line, and sinker. Folks finally figured out the pro-frackers were simply selling a pig in a poke!

Maybe we can finally build green alternative energy plants and put people back to work constructing things that don't harm the soil and water....and our health.....

[Rick Rowlands]

Maybe, maybe not.  I think Vallourec is very hesitant to cut any jobs at its flagship plant right now, but some of their other operations overseas may see some reductions.   

[Towntalk]

http://wkbn.com/2015/02/25/vallourec-makes-company-wide-cuts/