Tulsa Economy

[dbacksfan 2.0]

Sometimes you have to change careers, I did. Anyone who really wants to work can find work in Tulsa. The unemployment rate is around 4.0% in Tulsa.

[Red Arrow]

I think that's marginally better than having a Target on your back.

[Conan71]

Yes, just do that job career change thing. Drive for MTTA with your BBA. Use your engineering degree to work at QT. Jobs for all who want them at bargain rates.

A sociology degree is a pre-requisite for bartending isn't it?

Or there's the old joke that's relevant again: "What do you call a petroleum geologist in Tulsa: 'Oh waiter!'"

[davideinstein]

You can make money in the service industry. A lot of it.

[heironymouspasparagus]

Yes, just do that job career change thing. Drive for MTTA with your BBA. Use your engineering degree to work at QT. Jobs for all who want them at bargain rates.

I will just go to the farm and grow some stuff....

I have enough crawdads that I could almost start a Cajun restaurant!  Except the Crawfish frogs keep eating all the stock.....

Hopefully can get the escargot ranch up and running in the next year.

[AquaMan]

Most of you guys could use your hobbies of beer tasting to man the breweries the proposed law is encouraging.

[Oil Capital]

What's going on at PennWell?

[Conan71]

What's going on at PennWell?

Would you care to expand on your question?

There doesn't appear to be anything in the news that I can source.

[Hoss]

What's going on at PennWell?

Been sold to a global events company.  That's been the worst kept rumor this month.

[Oil Capital]

Been sold to a global events company.  That's been the worst kept rumor this month.

One would almost think such news would make it into the Tulsa World...

[Hoss]

One would almost think such news would make it into the Tulsa World...

The deal hasn't closed yet.

[Oil Capital]

The deal hasn't closed yet.

Of course.  But it still seems like pretty big news.

[Conan71]

Of course.  But it still seems like pretty big news.

Now that we've scooped the TW, expect it to appear in tomorrow's edition.

[Hoss]

Of course.  But it still seems like pretty big news.

It could also be that the request of the company was to hold the news until the day of close.

[Oil Capital]

Since the Tulsa World has chosen (for whatever lame reason) not to share the news, here's the scoop (all from public records):

PennWell has agreed to be purchased by a Blackstone Capital private equity fund. Blackstone already owns Clarion Events, a global events company. It will be interesting to see how (or if) they combine the companies and what they do with the publishing side of the business.