It isn't just the oil industry being hurt. The trickle down effect touches many other areas, home builders being one, as people have to bail out of mortgages, glutting the real estate market. You are lucky to be in an industry that isn't part of that trickle down.
@Frankie :
True. However, the pain that the oil patch has to bear is nothing in comparison to the blessing that every area of the country that is
not involved in the oil patch is experiencing. Places like the Northeast are positively jubilant.
Nonetheless, I hope that the mere fact that that they will have to take their kids out of private school, that their jobs/businesses evaporate, or that they lose their homes, will cause the social Darwinists on this board to backtrack on their advocacy of noninterference of government in the marketplace.
Poverty is good for the character!