Thread regarding ExxonMobil Corp. layoffs

Oil drops below $80!

Time for another involuntary program! I hope oil drops to $40. I want to see gasoline at $2 again. I love cheap gasoline. Oh man, I also love being out of the oil industry.

Enjoy the ride folks! And please consider an Exxodus.

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| 1561 views | | 4 replies (last September 27, 2022) | Reply
Post ID: @OP+1iUsfHHq

4 replies (most recent on top)

@xts There was period of time in 2020 when prices went into negative territory. With the war in Ukraine likely to go on for at least another 4-6 months, that won’t happen, unless the Saudis open the flood-gates, which isn’t in the cards with the outage season coming up.

It’ll only take one good storm to hit production in the gulf to initiate another gouging-binge, or “event-driven price adjustment” the the stupid corporate doublespeak that management uses.

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Post ID: @1qcp+1iUsfHHq

Yes.

It's smells like mid 2020.

Expect an email from DW regarding "ongoing workforce studies with the goal of reducing structural costs and delivering a more efficient and more nimble organization".

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Post ID: @xts+1iUsfHHq

Well, many people on this board were complaining about high gas prices.

You get what you wish for, oil prices collapsing.

Let's see how this impact workforce planning.

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Post ID: @xzy+1iUsfHHq

What it is time for is a merger.

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Post ID: @zdf+1iUsfHHq

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