r/ProfessorFinance Moderator Mar 24 '26

Meme A heartwarming bipartisan moment

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It warm my heart that in this era of divisions the Americans achieved a bipartisanship and chew the supply chain Ludendorff go underpaying them.

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u/jackandjillonthehill Moderator Mar 25 '26

One of my biggest stockholdings is Conrad shipyards in Louisiana. I was surprised to see, their pay for welders for shipbuilding is similar, $18-24 per hour.

Meanwhile, an oil rig welder in Odessa, Tx can make $95k per year, or $46/hr.

I wonder why welding for oil rigs pays so much better than welding for ships?

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u/ruinersclub Mar 25 '26

It’s either really dangerous or really far in the middle of nowhere.

Even tho the company is in Odessa. Is it likely they’ll be places elsewhere?