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Oil Workers in U.S. on First Large-Scale Strike Since 1980

This call by a union to strike while oil companies stocks are tanking is equal to the call to throw a pass from the one yard line in the last 30 seconds of the game last night. DUMB DUMB DUMB!
 
So, here we go, another in the long line of Union strikes trying to cover the fact that they are demanding a 100% increase in pay, with safety concerns that are tightly regulated already...this is a major reason why Unions are bull****.
 
j-mac said:
So, here we go, another in the long line of Union strikes trying to cover the fact that they are demanding a 100% increase in pay, with safety concerns that are tightly regulated already...this is a major reason why Unions are bull****.
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This is just a spasm in the death of unions.
 
US Conservative said:
This is just a spasm in the death of unions.
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No doubt, which if you think about it, if they could clean up their act, and get away from this false narrative business, they may have a role in industry...Take the teamsters for example in my industry...All but gone... A shame really because there is really little to represent us in DC other than OIDA and those numbers are slipping...Thus, we get hit with the stupidest of regulation like this 30 min break bull****, among other things that sap our productivity in the name of false safety...Meanwhile, our pay hasn't changed for at least 30 years other than to go down.
 
Who would've thought the oil corporation leg humpers would come out if full force against a puny union.

Shell said Thursday that profit for the period came in at $5.15 billion on a current cost-of-supplies basis—a measure similar to profit reported by U.S. oil companies—compared with $2.39 billion in the same period last year. Excluding one-time items, current-cost-of-supplies profit was $6.13 billion, up 33% from $4.60 billion last year.
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Royal Dutch Shell Profit Jumps - WSJ

With Only $93 Billion in Profits, the Big Five Oil Companies Demand to Keep Tax Breaks
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https://www.americanprogress.org/is...five-oil-companies-demand-to-keep-tax-breaks/
 
AJiveMan said:
Who would've thought the oil corporation leg humpers would come out if full force against a puny union.



Royal Dutch Shell Profit Jumps - WSJ
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Quoting an article from well before the oil decline. Typical


https://www.americanprogress.org/is...five-oil-companies-demand-to-keep-tax-breaks/
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You realize, right, that oil only started dropping a couple of months ago. Of course the full year profit will hold up. It's their profits over the next couple of years which will drop, as the low oil proces will be on an entire year.

So, let's look at Exxon and see how they are expecting to do next year - with an entire year of low oil prices:

ExxonMobil (XOM) reported fourth quarter earnings per share on Monday that were down about 18 percent from the same period a year ago. The company was doing reasonably well until the final quarter of 2014.
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Exxon earnings:

•2012: $8.10
•2013: $7.37
•2014: $7.45
•2015 (est.): $4.28
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http://finance.yahoo.com/news/exxonmobils-earnings-buyback-send-bad-152309337.html
 
buck said:
Quoting an article from well before the oil decline. Typical




You realize, right, that oil only started dropping a couple of months ago. Of course the full year profit will hold up. It's their profits over the next couple of years which will drop, as the low oil proces will be on an entire year.

So, let's look at Exxon and see how they are expecting to do next year - with an entire year of low oil prices:





http://finance.yahoo.com/news/exxonmobils-earnings-buyback-send-bad-152309337.html
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Wages are stagnant everywhere. Poor oil companies with massive profits can't afford pay raises. Poor things.
 
AJiveMan said:
Wages are stagnant everywhere. Poor oil companies with massive profits can't afford pay raises. Poor things.
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Not stagnant.. Decreasing.... by a lot. When profits are decreasing by large amounts... and they are curtailing investments in future product... maybe not a great time for the union to go in demanding pay raises. It really should be common sense, as pointed out by others above.
 
Kiss the low gas prices goodbye. Thanks a lot unionistas! Greedy bastards!
 
buck said:
Not stagnant.. Decreasing.... by a lot. When profits are decreasing by large amounts... and they are curtailing investments in future product... maybe not a great time for the union to go in demanding pay raises. It really should be common sense, as pointed out by others above.
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As pointed out by others who hate unions, or anyone who thinks that nobody deserves a pay increase, or needs to be paid a living wage. I know how cons are, and some are here running their con game.
 
AJiveMan said:
As pointed out by others who hate unions, or anyone who thinks that nobody deserves a pay increase, or needs to be paid a living wage. I know how cons are, and some are here running their con game.
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Do you really think labeling John McCain a chickenhawk add anything to your credibility?
 
AJiveMan said:
As pointed out by others who hate unions, or anyone who thinks that nobody deserves a pay increase, or needs to be paid a living wage. I know how cons are, and some are here running their con game.
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With profits taking such a large hit for the forseeable future and with investments being trimmed, even Shell (the company the union chose to negotate with) realizes they can't be as accomodating as they have in the past. Oil is likely to go to $200/barrell over the next bunch of years - partially due to that decreased investment. Once that occurs, the unions will have more leverage to get more of what they want. When a company makes far less money, there is far less money to dole out to their workers. Seems to be common sense.
 
AliHajiSheik said:
Do you really think labeling John McCain a chickenhawk add anything to your credibility?
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Do you think you've added anything to your credibility?

Me thinks you're on the wrong thread. Unless you gotta problem with my signature line, take it up with someone else.
 
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buck said:
With profits taking such a large hit for the forseeable future and with investments being trimmed, even Shell (the company the union chose to negotate with) realizes they can't be as accomodating as they have in the past. Oil is likely to go to $200/barrell over the next bunch of years - partially due to that decreased investment. Once that occurs, the unions will have more leverage to get more of what they want. When a company makes far less money, there is far less money to dole out to their workers. Seems to be common sense.
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So you're an oil speculator, I see,
 
AJiveMan said:
Do you think you've added anything to your credibility?

Me thinks you're on the wrong thread. Unless you gotta problem with my signature line, take it up with someone else.
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John McCain served in the military honorably, your calling him names is worse than petty, it is incorrect.
 
AJiveMan said:
So you're an oil speculator, I see,
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through stocks only. But it's not me saying that, it's analysts and members of OPEC who see the decreased invesment due to the lower prices curtailing supply in the future leading to higher prices.

The oil workers had a propserous bunch of years with oil companies willing to meet many of their demands due to the high oil prices/profits. Prices being down now, means the profits aren't there to meet their demands. This will change, and oil workers can get their demands met then.
 
AliHajiSheik said:
John McCain served in the military honorably, your calling him names is worse than petty, it is incorrect.
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Yup..> I suspect he just doesn't know what the term means. Maybe some help for him?

chick·en hawk
noun
1.a hawk of a type that is reputed to prey on domestic fowl.
2.a person who speaks out in support of war, yet has avoided active military service.
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AliHajiSheik said:
John McCain served in the military honorably, your calling him names is worse than petty, it is incorrect.
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Oh, did I do that in this thread? If I did, my apologies.
 
AJiveMan said:
Oh, did I do that in this thread? If I did, my apologies.
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You currently do it in every single thread you post to... It's part of your signature.
 
Moderator's Warning:
Let's stick to the topic, which is not AJiveMan not knowing what a chickenhawk is.
 
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