Chevron’s CEO John Watson will appear in Houston today to share his insights on the energy industry amid the worst oil slump in years.
The featured speaker at the Greater Houston Partnership’s second State of the Energy luncheon, Watson is slated to answer questions about how the downturn has affected Houston’s economy and beyond.
Chevron is not an exemplary company. This week a whole bunch of layoffs planned...likely from poor planning that got it into trouble. Word is that most management is safe and all the worker bees are getting terminated.
Chevron must be doing something so right... they only have one of the highest percentages of layoffs than any other company. Just when they thing they've gotten rid of enough people, they have another round. Yep... Chevron is such a shining star in the industry!
That's what you get when you only invest in shale (and heavy oil). A diversified portfolio will protect you in a tough market.
If the oil price stay at this level, The US Shale Oil Industry Will Simply Vanish and so ConocoPhillips.
Will you ask him, for us, how much over budget and how behind schedule their LNG projects are at the moment? Just sayin'...
How did you find time to type all of that while riding his dick so much?