Green River Star -

Our View: Complex now more important

 


The need for Sweetwater County to be chosen as the site for a large-scale industrial complex was highlighted last week with Schlumberger’s announcement that it would cut 9,000 employees from its worldwide workforce as a response to falling oil prices.

Some of those positions will undoubtedly come from its Rock Springs facility and Schlumberger won’t be sole oil and gas company cutting back. If the price of oil maintains at around $50 per barrel, local governments will also feel the squeeze as much of the revenues flowing into state and county coffers come from taxes generated from oil a...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018

Rendered 09/19/2018 06:17