The Driller
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • NEWS
  • CLASSIFIEDS
  • EQUIPMENT
  • SAFETY
  • VIDEOS
  • EDUCATION
  • SOURCEBOOK
  • EVENTS
  • SUBMIT
  • ABOUT
  • SIGN UP
cart
facebook twitter linkedin youtube
  • NEWS
  • Water
  • Geothermal
  • Construction
  • Environmental
  • Mining
  • All Industry News
  • EQUIPMENT
  • Rigs & Heavy Equipment
  • Consumables
  • Pumps
  • Featured Products
  • VIDEOS
  • Newscast
  • Drill Talks
  • Ask Brock
  • Emerging Drillers
  • EDUCATION
  • Drilling Business Insights
  • Reference Desk
  • Sponsored Insights
  • EVENTS
  • Conferences & Demo Days
  • Newscast LIVE
  • SUBMIT
  • Drillers @Work
  • ABOUT
  • Contact
  • Advertise
The Driller
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
The Driller
  • NEWS
    • Water
    • Geothermal
    • Construction
    • Environmental
    • Mining
    • All Industry News
  • CLASSIFIEDS
  • EQUIPMENT
    • Rigs & Heavy Equipment
    • Consumables
    • Pumps
    • Featured Products
  • SAFETY
  • VIDEOS
    • Newscast
    • Drill Talks
    • Ask Brock
    • Emerging Drillers
  • EDUCATION
    • Drilling Business Insights
    • Reference Desk
    • Sponsored Insights
  • SOURCEBOOK
  • EVENTS
    • Conferences & Demo Days
    • Newscast LIVE
  • SUBMIT
    • Drillers @Work
  • ABOUT
    • Contact
    • Advertise
  • SIGN UP

Where We're at These Days

By Wayne Nash
September 2, 2002
Many drillers don't have their money in the stock market, but many of their customers do, Wayne Nash says

Is airport security any better? Who knows? There certainly is more of it.
By the time you read this, I hope things have improved, but, right now the stock market is below the post 9/11 low, and the war on terror drags on with little result. The rocket scientists in Congress are using this as an excuse to dip in our wallets more, while whittling away at our rights, and the airlines are strip-searching grannies in wheel chairs, using non-English speaking people who probably would be better suited to asking the passengers if they'd like fries with that. I reckon they figure if they take granny's knitting needles, she won't knit an Afghan! Thanks to the panic mode we've gone into, these people now are on the federal payroll and, thus, got a big raise (at our expense) and can never be fired. (This viewpoint might not all be accurate, but it is the public perception.)

It's enough to make me wonder how this will affect the average driller. I don't have much money in the stock market - I like my investments to be close enough to put my hand on - but a lot of my customers do. They use their discretionary money from their mutual funds to buy things like irrigation wells. This will probably slack off some like it did last fall. The upside: since the market is down, people are looking for places to put their money. Housing starts are up and that's good for all of us who drill house wells. People will put money in improvements in their real estate, so that may offset some of the downturn. It seems like the key is to keep our productivity up and charge enough for our work to weather the slow times. There's nothing like a broken rig to ruin a schedule - when we should have been doing regular maintenance.

Looks like supply house prices are going up pretty sharply lately, and this means that if we don't keep up, we'll be taking a pay cut. I don't know about you, but I, for one, haven't worked 36 years in this business to take a pay cut.

One thing is for sure - we can't depend on the government to help much. When I watch the news, there's always some congressman or senator being interviewed, telling us how they will "fix" big business. Check out their records - most of them have never even had a job, let alone figured out how to make a profit. Heck, about half of them (you know which half) think profit is a four letter word that deserves to be punished. Now they are going to tell America how to run a business! Let's see - so far they have given us such spectacular examples as Amtrak, which can't even show a profit with continuous bailouts; or the post office, which overcharges me to lose the bills I send out, but delivers enough junk mail to bog a 300-Hp paper shredder; and, best of all, that ponzi scheme they call Social Security. Note that federal employees are exempt from Social Security and have their own retirement program, which actually seems to work. Of course, they pretty much knew how Social Security worked, so they left themselves out of it - it's only for the unwashed masses.

If we don't watch 'em like hawks, they'll raise taxes, pile on regulations, erode the freedoms we fought for and keep telling us what a wonderful job they're doing. In order to pull this off, they've got to convince us to send all our money to Washington, so they can send back what we "need." I think a guy named Lenin, (not John) tried this, with disastrous results a while back. Some of this is our own fault - hey, the Alzheimer's vote is a big block in Florida. One of those old dead guys they don't teach about in history anymore said, "The price of freedom is eternal vigilance." The point: don't get so tied up in your business that you lose everything. If we don't keep a short leash on 'em, they'll run wild with our wallets and our freedom.

On the bright side: As I write this, once again drillers have saved the world, or at least nine miners in Pennsylvania (which, for them, is just as good). We all should be proud of the drillers who busted their butts for days to do something that had never been done before, and on short notice, no less. My hat's off to those guys. I was in Myrtle Beach at the South Atlantic Jubilee a while back, and I understand that a sizable collection was taken up for them - well deserved. And maybe a little name recognition this year at the National Ground Water Association show in Las Vegas wouldn't hurt either.

Sorry I missed y'all last month; the summer season is keeping us pretty busy.

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Wayne nash 200px
Wayne Nash is a regular contributor to The Driller. He can be reached at rockbit8@hotmail.com.

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • geotechnical drilling rig

    6 Onsite Phrases Environmental Drillers Hate

    Here are six phrases that highlight common frustrations...
    Markets
    By: Jeff Garby
  • Wayne Nash

    Pipe Stuck? Common Causes and Solutions for Drillers

    If you have drilled for any length of time, sooner or...
    Opinions
    By: Wayne Nash
  • submersible pumps, water well pumps

    Selecting and Sizing Submersible Pump Cable

    This article helps pump installers and servicers decide...
    Opinions
    By: Bob Pelikan
You must login or register in order to post a comment.

Report Abusive Comment

Subscribe For Free!
  • eNewsletters
  • Online Registration
  • Subscription Customer Service
  • Manage My Preferences

The Driller Newscast: New York Geo Talks 2025 Conference with Hands-on Driller Education

The Driller Newscast: New York Geo Talks 2025 Conference with Hands-on Driller Education

The Driller Newscast: Coiled Tubing Drilling and the Future of Geothermal

The Driller Newscast: Coiled Tubing Drilling and the Future of Geothermal

The Driller Newscast, Episode 147: Global Geothermal Collaboration at NY-GEO 2025

The Driller Newscast, Episode 147: Global Geothermal Collaboration at NY-GEO 2025

The Driller Newscast: 21st Century Drillers | Part 1 DEMAND

The Driller Newscast: 21st Century Drillers | Part 1 DEMAND

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the The Driller audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of The Driller or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • demo of a DM450 drilling rig during a customer factory visit
    Sponsored byGeoprobe

    Built for You: Smarter Drill Rigs, Stronger Support, Bigger Opportunities

Popular Stories

MainPhotoTwoBrothers.jpg

Two Brothers' Journey Through the Drilling Industry

AI and Drought Concerns

AI’s Growing Thirst for Water and Power

demo of a DM450 drilling rig during a customer factory visit

Built for You: Smarter Drill Rigs, Stronger Support, Bigger Opportunities

The Driller Classifieds

COMPRESSORS

EAST WEST MACHINERY & DRILLING IS BUYING AND SELLING AIR COMPRESSORS, AIR BOOSTERS, AIR ENDS & PARTS
Company: East West Machinery

DRILL RIGS

LOOKING FOR LATE MODEL TOPHEADS & DRILLTECH D25'S
Company: Spikes’s Rig Sales

DRILL RIG PARTS

MEETING DRILLERS NEEDS AROUND THE WORLD
Company: East West Machinery

ELEVATORS

SEMCO INC. PIPE ELEVATORS
Company: Semco Inc.

GROUTERS

GROUTING EQUIPMENT - GROUT PUMPS & GROUT HOSE REELS
Company: Geo-Loop Inc.

PUMP HOISTS

SEMCO INC. - BASIC PUMP HOISTS
Company: Semco Inc.

WELL PACKERS

LANSAS PRODUCTS - INFLATABLE WELL PACKERS
Company: Vanderlans Lansas Products

WELL SCREENS

WELL SCREENS & SLOTTED PIPE
Company: Alloy Screen Works

Products

Water Quality Engineering: Physical / Chemical Treatment Processes

Water Quality Engineering: Physical / Chemical Treatment Processes

By carefully explaining both the underlying theory and the underlying mathematics, this text enables readers to fully grasp the fundamentals of physical and chemical treatment processes for water and wastewater.

See More Products

Subscribe to The Driller Newscast

Related Articles

  • Wayne Nash

    Days Off in the North Dakota Oil Fields

    See More
  • Project Profile: Still Installing Fiber After All These Years

    See More
  • We're Asking for Your Help

    See More
×

Dig deeper into the drilling and water supply industry!

Build your knowledge with The Driller, covering the people, equipment and technologies across drilling markets.

SIGN UP NOW
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
    • Classifieds
  • SIGN UP TODAY
    • Create Account
    • eNewsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing

The Driller
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
The Driller
  • NEWS
    • Water
    • Geothermal
    • Construction
    • Environmental
    • Mining
    • All Industry News
  • CLASSIFIEDS
  • EQUIPMENT
    • Rigs & Heavy Equipment
    • Consumables
    • Pumps
    • Featured Products
  • SAFETY
  • VIDEOS
    • Newscast
    • Drill Talks
    • Ask Brock
    • Emerging Drillers
  • EDUCATION
    • Drilling Business Insights
    • Reference Desk
    • Sponsored Insights
  • SOURCEBOOK
  • EVENTS
    • Conferences & Demo Days
    • Newscast LIVE
  • SUBMIT
    • Drillers @Work
  • ABOUT
    • Contact
    • Advertise
  • SIGN UP