Thread regarding Chevron Corp. layoffs

I was referenced to this site as a place that information about current layoffs could be found. Do any of you have a link to that area of this site?

Retired now so I have a different perspective. There's a lot of 'straight line' assumptions people are making that probably won't play out. I keep seeing more and more gas stations being built, assuming they have a 20 year amortization, that tells you ICEs will be around until at least 2040. Even when Cali outlaws ICEs by 2035, there's still 10 more years of those ICEs being on the road, and that's making the enormous assumption that other states (and countries) will follow Cali's "lead". Imagine in the future (~2040) what all those 'old' gas stations will be turned into. As for oil, until there's a substitute for long-haul 18-wheelers and 777s, oil products will still be around. Yes, though, the death knell has sounded, and the oil industry has entered a slow death spiral.

California is the 5th largest consumer state of coal produced electricity. They don't want it in their backyard (NIMBY). They just import it from other states.

I don’t want to “have a nice lunch” or “go hiking” while my Tesla charges to get 200 mi of juice. I want to pull in to Chevron and tank up my gasoline burner like a freakin NASCAR pit stop and get back on the road. Literally takes 4 minutes. That is what I call a supercharger. Eat dust Tesla.

Wow, Rip van Winkle just woke up and heard about the Energy Transition. Big news.

2aty: “in state” electricity generation means little. Have you driven across western Wyoming, central Utah, northern Mexico all with a string of coal and gas power plants with line all heading further west toward California. California loves to brag the burn no coal, but they are the number one user of coal generated electricity.

Data from the California Energy Commission (you be the judge). California In-State Electrical Generation.

Year: 2010 - 205,657 GWH
Year: 2019 - 198,466 GWH

“I look forward to the day when I receive the same dirty looks in my gas powered car as I do when not wearing a mask.” ... so that comment reminds me of a confrontation earlier today. I am standing in a line at an outdoor ATM and the guy in front of me is almost yelling into his phone the whole time and has no mask. I get tired of waiting so wipe it out and start peeing on his leg. For some reason he gets all mad and starts yelling and acting like he wants to fight. So this being Texas I pull out my hand gun and he agrees to give up his place in line and depart. The nerve of some people: it’s not like a little pee on the leg is likely to give anyone a deadly infection or anything.

Well the Peoples Republic of California has proven they understand energy.

And, California will do nothing to increase the electrical demand that the zero emissions vehicles require. PG&E is bankrupt, rolling brown-outs for safety, lack of power for existing needs and huge permitting hurdles will most certainly further California into the mess they are currently in. Very much like their High Speed Bullet Train project.

Can't believe Chevron still calls California "home".

Change is coming but I suspect not as fast as all that. Try to drive the outback with only 200 miles between charge ups. Your right however that it is smarter to follow BP and Shell toward the future than Exxon. Now if fusion ever sparks we might have some real issues.

"...what exactly is the plan to power the EV?"

Clean coal, of course! /s

Chevron invests $100M for ESG baloney e.g. Carbon capture in ABU, bioshit gas in SJV, etc. vs how much is spent on dividend and share buyback?

yep EV is cool but what exactly is the plan to power the EV? fairy farts? pixie dust? laughs of small children?

I look forward to the day when I receive the same dirty looks in my gas powered car as I do when not wearing a mask.

You are right the glory of fossile fuel is coming to an end and all these transformation and efforts are futile as they are in the wrong direction, this ship is sinking and maybe the pace of sinking slows down with higher efficiency but it will not prevent it, BP is on the right track of changing the core model and we are on the wrong side.