Thread regarding Chevron Corp. layoffs

The price of oil is going down.

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Post ID: @OP+EpiBfS4

41 replies (most recent on top)

How goes the Smithfield office? Harmony and euphoria?

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Post ID: @iezd+EpiBfS4

How goes the Smithfield office? Harmony and euphoria?

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Post ID: @iltg+EpiBfS4

How goes the Smithfield office? Harmony and euphoria?

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Post ID: @ixqv+EpiBfS4

How goes the Smithfield office? Harmony and euphoria?

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Post ID: @ilup+EpiBfS4

How goes the Smithfield office? Harmony and euphoria?

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Post ID: @iulg+EpiBfS4

How goes the Smithfield office? Harmony and euphoria?

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Post ID: @ieyz+EpiBfS4

No idiot... placing the sausage in the bun. That's how the joke is told.

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Post ID: @4zSm+EpiBfS4

How do you define flirting? Placing the said sausage into the sausage receptacle?

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Post ID: @4dIs+EpiBfS4

Let's hear more about Smithfield. Much more interesting then previous posts.

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Post ID: @3GQl+EpiBfS4

Smithfield office is a bunch of back stabbers. In the closed door pow wows the pricks are your friends the minute you leave the room you are talked about ..

Let me fill you in trust no one there bunch of lying two faced people in here ,

If I could tell you more I could. In couple of months I will.

TRUST NOONE .. Isn't it nice how some made it through three ROMS. Lots of blowing... Wonder how a certain supers wife would like to know how her hubby flirted with a coworker. Hmmm. TW!!! Affairs ,cover ups ,clicks,,

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Post ID: @3n6i+EpiBfS4

Je vous remercie, mais je préfère un bon vin rouge

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Post ID: @3LjJ+EpiBfS4

Hh

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Post ID: @3ez5+EpiBfS4

El Deek, aller vous faire foutre.

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Post ID: @3mLy+EpiBfS4

199154,... Je t'en prie.

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Post ID: @2AXO+EpiBfS4

We have an oil glut AND a Congress glut. We need a little less of BOTH.

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Post ID: @2pRh+EpiBfS4

Sorry about the repeat ethanol msg. I meant to write: Trump promises report on ethanol mandate soon

http://www.politico.com/story/2015/11/donald-trump-ethanol-215757

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Post ID: @2n8A+EpiBfS4

We have an oil glut and Congress keeps subsidizing the corn farms to produce ethanol.

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Post ID: @2zkz+EpiBfS4

We have an oil glut and Congress keeps subsidizing the corn farms to produce ethanol.

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Post ID: @26pl+EpiBfS4

InFlames, you are correct. They keep sending oil over and those oil tankers sit there waiting to be offloaded. We are in glut mode right now and oil prices will remain low for at least another few years. Forget about seeing $100 for a long time. And if any employee is 100% CVX in their 401k, forget about seeing that balance return to its all-time high.

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Post ID: @2loW+EpiBfS4

Oh, ya and look at the Maritime realtime website. Look at all the tankers sitting just wating to dump there oil sitting in Galveston with nowhere to go. We have no more tank farms to off load the surplus.

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Post ID: @2vqi+EpiBfS4

When one sector goes down like oil GM, Ford, them guys. Jobs are always plentiful if you know what sector to look for. Also if you know how to forecast trends. In lack of better words its a wealth transfer. Going from one asset class to the next. Oil is just in a bad cycle right now. It will be for sometime.

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Post ID: @2OCK+EpiBfS4

I've read the thread and can say Senor Deek (aka Dick) has been schooled. Thanks for the post.

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Post ID: @1Ypk+EpiBfS4

It's CAPITAL dick to YOU.

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Post ID: @1hFU+EpiBfS4

Ignorance is bliss with you, Dick. My schooling of you is over. I won't waste my time. For all the other readers, follow the thread and decide for yourself who makes more sense.

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Post ID: @1pUJ+EpiBfS4

199020 -- GOLLY! I feel like I've just been "taken to school"! I'm really proud of you! You figured all that out, by yourself? All that about "slowly adjusting", "adapting to the fundamentals"? Then, when "everything acclimates to that price environment",... it just "FLOURISHES"? I'm beginning to understand,... yes,... I see. THEN, all we gotta do is "put some mechanisms of oil trading and speculation" in place, huh? An' THAT "CONTROLS speculation", right? An',.. I KNOW we need a "fair and balanced BAND"! LORD, YES! GOT ta have a "fair and balanced" BAND! That a Swing band? Or, a Jazz Band? You didn't say what KIND a Band,... so, you can see how confused someone like ME, who doesn't understand the in's an' out's, like YOU do, could get. Yessir,.. this is very complex! Lotta in's an' out's. Lotta in's an' out's in the ol' Duder's head. I shore don't wanna get into that "vicious circle" you talk about, neither! LORD, NO! NOT DA CIRCLE! Oh, Lordy, NO! Well,... guess I'll jus' go off an' try to "think long range",... maybe "employ some common sense economic theories" to my logic. You know,... cuz,.. I sho' do want all dem folk to "GREE wit' MY VIEWS"! Yasssss I DO. I can't WAITS 'till anutha LESSON!

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Post ID: @1P1P+EpiBfS4

At least you signed your name to your post, Dick. The economy doesn't spin on a dime, it slowly adjusts and adapts to the fundamentals. Oil will remain in the 40-50 range for the foreseeable future, Dick. Eventually, as the economy acclimates to that price environment, it will start flourishing. A growing economy will lead to a rise in the demand for energy, hence oil prices will increase too. If mechanisms in oil trading and speculation are put in place by all developed governments, it can help control speculation and therefore maintain oil pricing in a fair and balanced band, not allowing it to overheat again, putting back into this vicious circle we are living now. You see, Dick? Think long range and employ some common sense economic theories to your logic. Perhaps next time your posts will garner more readers agreeing with your views.

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Post ID: @1hxT+EpiBfS4

Why,... 739! You sound all shook UP! You almost sound like a gay LIBERAL, with all that talk about "the common man". But, I think I detect the stench of fear in your anger,... and, really,... do you honestly buy that crap about "when oil prices are low, more jobs flourish in the economy?" Just how long do YOU think it will take for more jobs to, as you put it, "flourish"? Tomorrow? Next week? Next month? I don't know,... I just don't see it happening, 739. Not even if you wait an entire YEAR, I don't think you're going to see much "flourishing". But,... if that's what you want to believe,... you go right ahead, 739. If that makes you feel better, relieves some of your fears, allows you to sleep better at night.

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Post ID: @1Y5V+EpiBfS4

Hey dick (Anonymous198672), depends who you're calling YOU. Who is prophitizing their own doom? Are you referring to a worker in the oil business or the common man on the street? When oil is low, the common man wins. More jobs flourish in the economy. The oil business will also survive, even though with a few employees less. But they can find work elsewhere.

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Post ID: @1DsJ+EpiBfS4

Well,... IF you Mensa-rejects are right (re: the Chicken Little screeching "Oil's going down", etc.),... you've just prophesied your own doom, now, haven't you. It must really suck to be you.

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Post ID: @1ZVB+EpiBfS4

The next time zerohedge is right about anything will be the first. They are clueless.

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Post ID: @1Kma+EpiBfS4

Roger that, InFlames. The price of oil is going down each time a tanker ship heads our way.

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Post ID: @1xeG+EpiBfS4

Zero Headge says 2 miles of oil tankers coming to US from Iraq. Its going down.

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Post ID: @1Bsi+EpiBfS4

Don't be an idiot, 056. Just because things are the way they are, doesn't mean it's right or continue that way. You don't know me and I don't care if you think I'm a liberal for thinking the way I do. Fact is, I'm quite conservative, but I recognize the fair and balanced approach is best for the world. I know you do as well, it's just that folks like you stick to your errored statements and don't like to equivocate. Somehow you feel you that diminishes you. But do realize, that "realists" change their thinking after learning or better understanding a subject. There are measures that can be implemented to control oil trading and price speculation. Because some governments refuse to implement them, doesn't mean that the "fair and balanced" approach is nonsense and "liberal" thinking. Get real.

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Post ID: @rZZ+EpiBfS4

Okay. (Taking 031's post as "tongue in cheek"),... The Big Picture is: He who controls energy, controls commerce, and, therefore, the world. Russia and Iran are poised to gain greater control over the Mother Lode of energy resources. You clowns do the math. "Fair and balanced"? There IS no "fair and balanced"! There is only "what it was", "what is is", and "what it shall be". "Fair and balanced", while it may offend you, 025, connotes typical Lib gibberish. It means, jack, Jack!

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Post ID: @epS+EpiBfS4

That's right, 937. Try to grasp the "big picture".

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Post ID: @Olw+EpiBfS4

Anonymous197937, I say a "Fair and Balanced" price to oil is good for everyone... and I'm no Liberal at all. No one can predict with certainty where the price may go in the near term, but like you said, bank on greedy speculators to find a way to get it back to $80 or more. That still doesn't make it the best thing for the US economy.

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Post ID: @6p4+EpiBfS4

Truth is,... NO ONE really knows where prices are headed. One can read conflicting reports from a multitude of advisors and investment firms, every day, each trying to sway investment activity one way or the other, for their own gain/purpose. Pat pronouncements, such as the two previous posts, are little more than signs of ignorance (barring evidence of what they base their "forecasts" on). Also,... I find 768's assumption that lower gasoline prices are beneficial to the economy as a whole, annoyingly naïve and blatantly presumptuous as to what is "fair and balanced". The basic facts surrounding global crude production suggest the inevitability of rising prices, the primary negative factor being Saudi Arabia's continued refusal to lower their production levels (driven by their greed), even though the Kingdom's internal budgetary requirements currently exceed revenue inflow. Other potentially positive (meaning: rising crude prices) factors are Russia's and Iran's desires for rising prices (greed, again), and coupled with increased military presence of both country's in the region, it becomes more likely their wishes may be achieved, particularly in view of the unadulterated fecklessness and cowardice of our current pussy, I mean, POTUS. ( Ass Clown has but one year, remaining, in office, so I expect Putin to take full advantage of a narrowing window of opportunity to pretty much do as he pleases, in the M.E.) As to China,... they're still forecasting 3.5% economic growth. No, I don't know with absolute certainty where crude prices are headed, but if I had to bet, I'd bet they will increase, sooner than many expect. Factor in the greed of those with the means to manipulate crude pricing, and it seems quite feasible that prices could easily rise, into the +$80/bbl range. "Fair and balanced". Jeez. Give me a BREAK! 768 sounds like a flaming Lib.

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Post ID: @4QB+EpiBfS4

Down, down, down. Red knight's going down. Down, down, down. Red knight's going down. Blue Knight rules! Red Knight sucks!

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Post ID: @96U+EpiBfS4

The price of oil has some more to fall. Some analysts predict $25 per barrel through 2017.

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Post ID: @2af+EpiBfS4

Oil should settle between $55-65 and that price would be a good balance for everyone and the economy.

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Post ID: @Kt7+EpiBfS4

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