Thread regarding Chevron Corp. layoffs

Alaska kaput

Another fire sale - news says all Unocal properties in Alaska are on the chopping block.

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Post ID: @OP+1iO5Qi8C

4 replies (most recent on top)

In the heyday of Big Oil, big companies swallowed up smaller companies left and right. Now, the astute smaller companies are picking up the Big Oil properties that they're too bloated and slow-moving to handle profitably. Expect this trend to continue.

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Post ID: @3yfx+1iO5Qi8C

No doubt it’ll be more discount shopping for Hilcorp. Many fortunes have been made picking up Big Oil’s scraps.

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Post ID: @1djt+1iO5Qi8C

Alaska was a losing proposition anyways...

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Post ID: @1zar+1iO5Qi8C

Deapite decades of struggle, we never made it in Alaska.

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Post ID: @rqs+1iO5Qi8C

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