Thread regarding Occidental Petroleum Corp. layoffs

It’s funny that whatever the world ending problem is, the solution is always bigger government.

@rc don't forget about all the acid rain and ki-ler bees

@qv Yes, we did say oil would run out already, and yes we were saying a new ice age was coming just a few decades ago, and OK we predicted in twelve years sea levels would cover most of LA (13 years ago), and let’s not forget about the world ending doe to the hole in the ozone, but that was then and this is NOW and we mean it this time. If you don’t agree, you’re just anti-science.

@kk

"Hydrocarbons will eventually become the modern day buggy whip."

I agree. But - in my lifetime - we were to have run out of hydrocarbons several times.

And alternative energy sources were to have replaced hydrocarbons several times, as well.

I (and probably most) still put gas into my vehicle and get a bill every month for household gas/oil consumption.

So, please define eventually (with a date) - a decade either side is close enough.

@kk Your political insight is mesmerizing.

Trump can say the sky is green... Doesn't make it so. Consolidation and rightsizing has been around for the 40 years i've worked in the biz. Hydrocarbons will eventually become the modern day buggy whip. Our energy choices are evolving, so are our politics.

@f7 Uh, what does "hopefully in a legal way" mean exactly? Asking for a friend.

@f7 You must be related to Trump. Small world.

Anything bad in this country is either indirectly or directly related to Trump. This guy needs to go, hopefully in a legal way in two years through impeachment. Why would any American want this guy in office. He is abusive, offensive, and does not support the constitution.
All of you a--holes who don’t see this should get the HE-L out of this country NOW.
P.S. It is not political at all. Seriously.

@bd We have a VP of DIB. Doesn't that raise the stock price even a little? Doesn't that prove that diversity is more important that merit, and make more people want to own company stock. That's what I was taught.

Not only the brain power but the diversity of individuals in the company should raise the stock price. Or can’t we say diversity anymore.

All this brain power and the stock is stuck in the mid 40's.... Aren't we a blessed company.

@am Did you read the article? “As OPEC+ looks to increase production in the coming months, we can expect the low oil price trend to continue…”.

Did you take freshman reading comprehension?

@am Really? Most reputable economic classes teach that absent a change in demand or production cost, increased supply normally results in lower prices. Did you study supply and demand? Did you sleep during class?

If I were you I’d ask for a tuition refund.

Can't expect lower oil prices and also increased production.... Learned that in freshman economics. Three more years of the dear leader....