Paid vacation comin on up!!! More of a permanent one anyway.
Chesapeake Energy has decided to NOT renew any 3rd party contracts involving water movement in the post drilling process. What does this mean for about 1000 drivers in the North Central Pennsylvania area? NO JOBS!!! What about all the local business generated due to all the water trucks in the area? Back to ghost town status!
According to Wall Street, 3rd quarter profits for CHK was $922 MILLION DOLLARS!!!! Thats almost a BILLION in PROFITS!!
But yet, I am sitting "online" inline at the unemployment office LOL.