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Started By
Message
re: Editorial: What Biden Is Getting Wrong About Big Oil’s Profits
Posted on 6/22/22 at 12:51 pm to JohnnyKilroy
Posted on 6/22/22 at 12:51 pm to JohnnyKilroy
quote:
Well what do you consider major?
i dunno. completely subjective. not sure how any employee of an O&G company in 2020 didn't feel the squeeze.
quote:
Mine is in the top 10 in the US.
congrats Johnny. that's amazing bud!
i’m not playing tit for tat with you on this, because i don’t trust that you won’t use it against me or dox me
quote:
Also it's moot.
touche. got me on that one.
This post was edited on 6/22/22 at 12:58 pm
2
Posted on 6/22/22 at 12:53 pm to NIH
quote:
Can you imagine the equitable programs we could get started with those taxes?
Imagine how many 401Ks of retired teachers we could destroy if we decided to attack corporate profits? Why do you want grandma eating beans and weinies?
Posted on 6/22/22 at 12:57 pm to CocomoLSU
quote:
We have an administration that thinks printing more money helps the economy. They think that defunding police makes things better/safer. They think that lighting federal buildings on fire is okay in one instance but waltzing into an open door of another is a crime. They think that more gun laws will prevent criminals from committing crime.
No they don't. They know exactly what their policies will do to the people.
The modern democrat party does not have the same goals as we do. This is not the old style of politics where both parties have the same goal but have different visions on how to get there.
When Stalin first took power in the USSR, he opened the jails and began starving out Ukrainian farmers because they were viewed as second class citizens.
When Biden first took power in the USA, his administration/party opened the jails (Soros DAs and judges letting violent criminals run free) and is intentionally causing food and gas prices to soar.
This post was edited on 6/22/22 at 12:58 pm
Posted on 6/22/22 at 12:58 pm to Klark Kent
quote:
not sure how any employee of an O&G company in 2020 didn't feel the squeeze.
I mean sure there was uncertainty once covid hit but no one was laid off and the only financial hit was that bonuses were slightly below target.
Posted on 6/22/22 at 1:02 pm to JohnnyKilroy
for your specific company. that is not true for other O&G majors, again.
google it Johnny and stop being disingenuous trying to use your company as reference it didn't happen. that's bullshite. "O&G 2020 layoffs". articles, articles everywhere.
google it Johnny and stop being disingenuous trying to use your company as reference it didn't happen. that's bullshite. "O&G 2020 layoffs". articles, articles everywhere.
This post was edited on 6/22/22 at 1:11 pm
Posted on 6/22/22 at 1:03 pm to ragincajun03
quote:
If you want to know how we end up with bad energy policies, it’s because there should be no such thing as energy policies. Meaning, the federal government should have nothing to do with energy.
Posted on 6/22/22 at 1:08 pm to Klark Kent
Which majors suspended 401k matches and asked employees to defer paychecks?
Posted on 6/22/22 at 1:13 pm to JohnnyKilroy
google it.
it's widely available. it was not a secret, this isn't a conspiracy.
i really don't see your point in this losing argument. do you want us to give you a virtual pat on the back that your specific employer didn't take these actions?
it's widely available. it was not a secret, this isn't a conspiracy.
i really don't see your point in this losing argument. do you want us to give you a virtual pat on the back that your specific employer didn't take these actions?
Posted on 6/22/22 at 1:14 pm to JohnnyKilroy
quote:
Which majors suspended 401k matches
Exxon for one. At least they made the headlines because they’re always the media’s whipping boy.
Posted on 6/22/22 at 1:21 pm to Klark Kent
Many good operators did right by their employees who stuck it out and rewarded them above and beyond after the 2021 year, and attempts to make up for 2020.
But that doesn’t mean the stress on those loyal employees during 2020 didn’t happen.
Lots of people say there’s not the same level of loyalty and commitment from employers towards employees like there was 40-50 years ago, and that is probably overall true. However, quite a few E&Ps and service companies did right to their dedicated folks after 2020. We can talk about all the negatives in our country since the 2020 Elections, but many private sector employers, and especially in the O&G industry, show and gave examples of what’s still good in our country.
But that doesn’t mean the stress on those loyal employees during 2020 didn’t happen.
Lots of people say there’s not the same level of loyalty and commitment from employers towards employees like there was 40-50 years ago, and that is probably overall true. However, quite a few E&Ps and service companies did right to their dedicated folks after 2020. We can talk about all the negatives in our country since the 2020 Elections, but many private sector employers, and especially in the O&G industry, show and gave examples of what’s still good in our country.
Posted on 6/22/22 at 1:23 pm to ragincajun03
it's all a game ... make the big bad oil companies the evil scapegoat while at the same time implementing policies that hamstring their ability to meet the challenge at hand
it is possible, really, that the ESG/Green Agenda crowd might end up in conflict with more moderate folks in their own party -- at some point - even if to only save their own arse
we'll see
it is possible, really, that the ESG/Green Agenda crowd might end up in conflict with more moderate folks in their own party -- at some point - even if to only save their own arse
we'll see
Posted on 6/22/22 at 1:30 pm to JohnnyKilroy
quote:
I mean sure there was uncertainty once covid hit but no one was laid off and the only financial hit was that bonuses were slightly below target.
Houston Chronicle: Texas lost nearly 60,000 oil and gas jobs in 2020
Oilprice.com: The U.S. Lost 120,000 Oil & Gas Jobs
Guardian: In April alone, the industry shed a historic 26,300 jobs in Texas.
CNN: The pandemic made 107,000 oil and gas jobs disappear
Bloomburg: Virus-Driven Oil Slump Spurring More Texas Oil and Gas Layoffs
Energy New Network: Exxon Mobil plans to lay off an estimated 14,000 employees globally, about 15% of its workforce, due to the collapse in oil demand.
Houston Chronicle: US oil and gas industry lost 107,000 jobs in the pandemic.
should i keep going?
This post was edited on 6/22/22 at 1:31 pm
Posted on 6/22/22 at 1:31 pm to ragincajun03
Democrats believe that oil or other minerals in the earth belong to the government and it drives them nuts that private landowners can claim it.
They want to villify the energy companies at every turn so they can make the case that the government should be the one producing oil and gas, not private exploration companies
They want to villify the energy companies at every turn so they can make the case that the government should be the one producing oil and gas, not private exploration companies
Posted on 6/22/22 at 1:34 pm to Klark Kent
I was talking about my shop. Blessed to be with a well positioned and capitlized company.
Bonuses should be in the 200ish percent range beginning of next year
Bonuses should be in the 200ish percent range beginning of next year
Posted on 6/22/22 at 1:35 pm to ragincajun03
quote:
Many good operators did right by their employees who stuck it out and rewarded them above and beyond after the 2021 year, and attempts to make up for 2020.
But that doesn’t mean the stress on those loyal employees during 2020 didn’t happen.
Lots of people say there’s not the same level of loyalty and commitment from employers towards employees like there was 40-50 years ago, and that is probably overall true. However, quite a few E&Ps and service companies did right to their dedicated folks after 2020. We can talk about all the negatives in our country since the 2020 Elections, but many private sector employers, and especially in the O&G industry, show and gave examples of what’s still good in our country.
completely agree.
i would imagine it's very tough for the O&G industry employees to walk away or be fired. Salary used to be more than competitive and the benefits are still unmatched. And regardless of the future of the industry, it is still a solid place to be for hard working dedicated and talented individuals of our generation. the good and the bad just come in waves.
Posted on 6/22/22 at 1:36 pm to JohnnyKilroy
quote:
I was talking about my shop
no, no you weren't.
Posted on 6/22/22 at 1:38 pm to NIH
quote:
I support Biden. Can you imagine the equitable programs we could get started with those taxes?
Satire?
Posted on 6/22/22 at 1:39 pm to Klark Kent
quote:
no, no you weren't.
You should go back and edit your posts a few more times lmao
Posted on 6/22/22 at 1:43 pm to JohnnyKilroy
like the one where i am continuing to add new news articles proving you're either full of shite or a dumbass?
Posted on 6/22/22 at 1:50 pm to Klark Kent
I work for a major and we definitely felt the impact. Lost about 20% of our workforce, capital programs cut drastically, minimal bonuses and raises etc
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