Odd Time in the Oil Patch zhengzaishuru/iStock/Thinkstock

Odd Time in the Oil Patch

Electrical distributors who rode the boom in oil and gas face uncertainty as the sector slows.

Pump jacks still rock slowly up and down, pulling oil from the fractured rock deep below the surface. These workhorses of the oil patch were brought in herds by hordes of oilfield workers, roughnecks, drivers, drillers, geophysicists and wildcat prospectors seeking their fortunes in the fields of “Saudi America.”  Fueled by a market paying $100 and more for a barrel of stinking black crude and investors looking for ventures offering some prospect of yield for the funds they had evacuate

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