A
Anonymous
Guest
Oil is at $94.20 per bbl today, which is a new record!:wink
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El and Bill
New member
Maybe the treat is to own some oil company stock.
El and Bill":14ow6cyd said:Maybe the treat is to own some oil company stock.
Or be one of the beneficiaries of the oil tax redistribution system living in Alaska!
Could someone objective explain this to us lowlanders?
Joe.
El and Bill
New member
OOOPS! Owning Exxon ain't such a good idea this am -- for that matter, maybe the way the stock market is going today, few stocks would be good.
El and Bill":3hza70v8 said:Maybe the treat is to own some oil company stock.
El and Bill
Close but closer is working for Chevron. There is talk about a 10% bonus for us employees.
Jay
El and Bill
New member
Jay and Jolee --
Great!! About time the ones doing the work in the company got proper compensation and rewards for jobs well done. Many CEO salaries (I don't know about Chevron) are simply obscene.
Great!! About time the ones doing the work in the company got proper compensation and rewards for jobs well done. Many CEO salaries (I don't know about Chevron) are simply obscene.
Thanks El and Bill and Yes, I imagine the salary level of the CEO of Chevron is at what I would call at an obscene level too. Chevron also contributes a % of there salary to a 401k and of course they will would receive the 10% bonus also, but we won't look the "gift horse in the mouth", because there's not to many other company's doing the same and it will go along way toward the increase in fuel prices at present.
I Hope the CEO of Chevron is spending the majority of his time working on the future, because at the present price of oil He doesn't have to work very hard to keep his Corporate bottom line looking good now.
At an employee meeting mainly desinged to inform the employees on the future outlook of our mine the President of Chevron Mining also gave a spiel on future energy needs for the world and said oil and all the other planned alternatives just can't keep up with the demand due to China, India and others. Said that is why they are diversifying into mining and in the future felt diesel from coal would be a needed profitable venture. Indicated they and the other oil giants were several years behind the 8 ball and with the present prices and demands they are scrambling to adjust. Coal to diesel fuel energy providers just might make a good personal investment. I know for sure this winter it would be with heating oil and diesel fuel at its present price and climbing.
Of course Germany in WW11 kept its war machine going on coal to oil, but few felt it would be economically feasable any time soon. With the now more enviremently friendly conversion process it might be just whats needed to keep all those goodies we like to purchase (like food) coming on trucks, trains and planes.
Jay
I Hope the CEO of Chevron is spending the majority of his time working on the future, because at the present price of oil He doesn't have to work very hard to keep his Corporate bottom line looking good now.
At an employee meeting mainly desinged to inform the employees on the future outlook of our mine the President of Chevron Mining also gave a spiel on future energy needs for the world and said oil and all the other planned alternatives just can't keep up with the demand due to China, India and others. Said that is why they are diversifying into mining and in the future felt diesel from coal would be a needed profitable venture. Indicated they and the other oil giants were several years behind the 8 ball and with the present prices and demands they are scrambling to adjust. Coal to diesel fuel energy providers just might make a good personal investment. I know for sure this winter it would be with heating oil and diesel fuel at its present price and climbing.
Of course Germany in WW11 kept its war machine going on coal to oil, but few felt it would be economically feasable any time soon. With the now more enviremently friendly conversion process it might be just whats needed to keep all those goodies we like to purchase (like food) coming on trucks, trains and planes.
Jay