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Started By
Message
re: Occidental Petroleum CEO: California Politicians 'don't understand' Oil Industry
Posted on 12/12/22 at 11:54 am to ragincajun03
Posted on 12/12/22 at 11:54 am to ragincajun03
quote:
Occidental Petroleum CEO: California Politicians 'don't understand' Oil Industry
Then she's ignorant and blind to what's going on. They do understand the industry. They're also trying to take it down. Democrats view the Green New Deal as their version of the Great Leap Forward.
0
Posted on 12/12/22 at 11:56 am to ragincajun03
quote:
They don't understand any industry," Hollub said.
This. Everything the government touches, they ruin.
Posted on 12/12/22 at 11:57 am to ragincajun03
quote:
Occidental Petroleum CEO: California Politicians 'don't understand' Oil Industry
The entire Biden administration doesn't either.
Posted on 12/12/22 at 12:01 pm to BlueCheckCertified
quote:
Why not just stop selling to California?
Many have. Current CA regulations essentially require that the oil be refined in the state, and requires a specific crude stock which was most common in Russian crude stocks - which obviously aren’t available now. So hard to find feed stock and a pain to produce, they’re going to lose more producers soon and be up a creek on supply. They’ll end up lowering standards at this rate if they understand at all
Posted on 12/12/22 at 12:05 pm to RogerTheShrubber
quote:
And its still inaccurate
Accurate enough. It's the hunting camp mud truck of guns. It just f'n works every time.
And if you miss, there's 29 other rounds you can blind fire around a corner
Posted on 12/12/22 at 12:20 pm to ragincajun03
Cali government loves them gas taxes though
Posted on 12/12/22 at 12:41 pm to ragincajun03
They don't have to understand it, they are removing it
Posted on 12/12/22 at 12:51 pm to ragincajun03
There’s a reason Oxy moved to Houston from LA several years back.
Posted on 12/12/22 at 12:59 pm to RogerTheShrubber
Will the government subsidize outsize losses due to economic factors beyond the company's control?
Posted on 12/12/22 at 12:59 pm to jcaz
quote:
Cali government loves them gas taxes though
As the middle class bleeds out of California, you'll have a few million wealthy people supporting 20 million poor folks. They'll continue to push producers to pay for their charity.
Posted on 12/12/22 at 1:02 pm to ragincajun03
This is one area where I would support federal pre-emption. You can't let one state screw up oil and gas for the other states.
Who will pay any penalties? The residents of 49 other states.
Who will pay any penalties? The residents of 49 other states.
Posted on 12/12/22 at 1:03 pm to ragincajun03
quote:
You're starting to see industry executives speaking out more against false information put out by vote-begging politicians. Pioneer's CEO, Chevron's and now OXY's, amongst others over the past months.
It is too little too late.
Posted on 12/12/22 at 2:04 pm to ragincajun03
Hollub is a woke bitch too.
Posted on 12/12/22 at 2:21 pm to ragincajun03
Newsome's family is tight with the Getty's and the Pelosis. It's not ignorance.
Posted on 12/12/22 at 2:26 pm to BlueCheckCertified
quote:
Why not just stop selling to California?
California doesn't want the industry, so, the industry should abide and leave.
Posted on 12/12/22 at 2:37 pm to ragincajun03
I kind of find this funny. California has the highest gas tax in the nation. Their government could lower the price of gas for its citizens.
Posted on 12/12/22 at 2:47 pm to mattz1122
quote:
There’s a reason Oxy moved to Houston from LA several years back.
But they couldn’t move Elk Hills so they’re still tied to the state. I’m not sure what’s left in Tulsa now.
Posted on 12/12/22 at 3:27 pm to ragincajun03
He’s wrong. They do understand the oil industry. That’s why they’re currently succeeding at destroying it.
Posted on 12/12/22 at 3:34 pm to Gee Grenouille
quote:
He’s wrong. They do understand the oil industry. That’s why they’re currently succeeding at destroying it.
Maybe I'm ignorant here, but the oil & gas industry appears to be doing quite well CURRENTLY, despite the Biden Administration and leftist politicians.
At this time, free enterprise, industry and American individualism is still stronger than the desires of some of our elected leaders and bureaucrats. I hope to never see it flip the other way.
Posted on 12/12/22 at 3:35 pm to ragincajun03
In California you have to make CARB gasoline. It cost more to make CARB gasoline and is another reason why gas is higher there.
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