From my perspective as a recruiter, oil and gas has done nothing but layoff massive amounts of employees over the last 3 years. Houston in particular is hurting hard from the decline in the industry, where if I got a dollar from oil and gas employees calling to find a new job I wouldn't have to work. The industry is so volatile that it could increase again, but I hope they look at alternatives. Two issues I've seen with oil and gas candidates I've worked with: 1. the industry compensates them so well that it takes a dose of reality informing them they're not going to get the same kind of pay. 2. The perception of oil and gas candidates from other manufacturing industries is if oil and gas does increase, they'll bail to their old jobs. Also, on a particular project, they're so diversified that they don't get the opportunity to work on it from start to finish. Most only work on a particular area of the project, and other industries want someone more well rounded who's done more than just a couple of things.