Quote:
Originally Posted by Hack&Lube
Wages will go up again if this pricing is sustained because of supply and demand for skilled labor.
The wages were high in the first place due to labor shortages during the boom years.
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In my area on the service side there is definitely upward pressure on wages due to shortage of qualified people but at the same time the big oil and gas companies are still rejecting any price increases and in some cases still trying to push them down further.