Meh.. it's a business like anything else. Some years are record breaking, and others are laying people off and shutting down operations all over the US.. Chesapeake Energy for example is struggling so hard, they are selling off the Permian Shale, shucking employees every quarter. Prob just bad management. My wife worked for them for years. They spent the money hard back in the day. But, It got so bad in 2015 that the CEO committed suicide. Their stock did a REVERSE 250:1 split, and everybody that worked there lost everything. They even suck at profit to this day.
That's a damn shame.....I want off this crazy ride. The Fossil Fuel racket is so last century. Lets move on. I would pay $8gl all day if it drives people to ditch Fossil Fuels and transition to cleaner energy.
But, I do give a fuck.. about American jobs. If XOM, MRO, CVX, DVN, HAL can provide those jobs, and make a profit, so what? Don't infract them for creating a commodity we need.
One of the cultures is trying to be accountable and change for the better, and the other has no exit plan for burning a finite resource that is destroying the planet. I'm with you on battery power not quite matching oil performance or being as clean as we would like, but day by day it's becoming more of an issue of entitlement and less of dependence. The writing is on the wall. Those jobs are all temporary. 10 years ago frackers were making a killing. Now it's just pumps sticking out of the ground.
thats just it they are producing a harmful outdated product. a few jobs ain't worth slowing down evolution to cleaner energy. Blacksmiths had to learn a new trade when the automobile can along. Leave the oil where it is and lets quit destroying the earth just to make $$...
Those are called pump jacks... they pump oil to the tank batteries after the drilling unit is drilled, cased, and fracked (if need be). Then a pull over unit comes in and the pump jack is set the pull the crude to the tank batteries. Then trucks come and transport the crude to refineries.
I'd like to get to flux capacitors, but that's not gonna happen anytime soon.... it is all a transition, and I respect your views. But, it's going to be a long transition. Like I said, I do have a hybrid.... the whole point of this thread was a business getting dinged for higher taxes for making too much money, and Biden wanting to take some of thier profits to have a minimal impact on current gas prices... he should just leave them alone.
I guarantee they will walk away from those wells when they are through making obscene profits and leave the mess for you and me to clean up....
Prob... they been there about 30-40 years. Still producing.I guarantee they will walk away from those wells when they are through making obscene profits and leave the mess for you and me to clean up....
I'm talking about natural gas wells. They are everywhere around here.
That what the coal barons did. I grew up near an orange stream that reeked of sulfur and had no fish.I guarantee they will walk away from those wells when they are through making obscene profits and leave the mess for you and me to clean up....
