Tag Archives: oil boom

Pumpjack

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When I was a kid moving all over the place with my military father, I thought of these things as mechanical grasshoppers. Until my Texas oilman grandfather set me straight that they were called pumpjacks. Used to see a lot of idle ones hereabouts when oil prices were low. Now it’s more common to see them pumping, especially around major oil towns like Midland. Baby Barry and his pals in the news media can whine all they want about the alleged coming recession, but I’m wondering if it’s time, once again, to buy stock in Texas drilling companies?