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That's pretty interesting about the new technologies and how small businesses can still operate profitably in the current price range. Where did you read about this?

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I work in the drilling data industry and have access to data as well as anecdotal observations. But there are lots of published articles e.g. [1], [2]

[1] http://www.nytimes.com/2015/05/12/business/energy-environmen...

[2] http://www.worldoil.com/news/2015/8/12/oil-at-30-is-no-probl...

Look in that data and tell me how many companies are hiring. These companies are treading water. They are furlough-ing people, laying people off, getting bought by bigger companies looking for a bargain, etc, etc, etc.

Oh, absolutely. They are adapting.

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