The Fuse

Live from Texas: Oil Industry Layoffs Have Long Term Consequences

by Leslie Hayward | October 14, 2015

With the fall in prices of crude oil, workers are being laid off—especially in the shale patch. It’s a short term strategy which may have a long term costs for the industry. The Fuse spoke with Bently Johnson, a Texas oil worker who recently lost his job and is not optimistic about the future of the oil industry.