Oil Company Gas Profit - Off-Road Forums & Discussion Groups
Ford 67-96 F-Series, 78-96 Bronco All discussions of 67-96 F-Series Trucks and 78-96 Broncos

LinkBack Thread Tools Display Modes
post #1 of (permalink) Old 05-19-2000, 09:54 AM
Posts: n/a
Oil Company Gas Profit

Well, sorry to be the bearer of bad news, but remember some of the postings about gas boycotts? I just read an article from my local paper in N. CA. They have a picture of the CEO for Chevron. He's sitting on a window ledge overlooking the bay with a big smile on his face. The article talks about how successful he has been improving company profits. Chevron just had a record breaking first quarter profit of $1.1 billion for its 121 year history. They consider this quadruple profit for the first three months of the year. Gee I wonder how he did it!!! I guess we're too stupid to figure that out, unless a $1.90 a gallon doesn't effect your budget. Sorry for sounding frustrated but I knew this was coming and there is absolutely nothing I can do about it. I can only picture these characters flying their Corporate Jets and smiling all the way to a happy retirement...

Sponsored Links
post #2 of (permalink) Old 05-19-2000, 01:19 PM
Posts: n/a
Re: Oil Company Gas Profit

I'm not against a company making profits, even huge profits. It's the obscene grab-all affecting the average person that stinks. I'm also not against a corporate CEO making a giant salary. However unattainable it may be, it still gives a guy a target to shoot for (the American Dream). The better the business environment, the better it is for a person to get a better paying job, just so long as your raise in wages more than makes up for the rise in the cost of living. It's an odd point to try to make...

post #3 of (permalink) Old 05-19-2000, 02:01 PM
Posts: n/a
Re: Oil Company Gas Profit

Ron, I agree with you 100%, but what happens is that the profits are not shared with the workers. Look at all the cutback suffered by many long term employees (in the oil industry) due to down-sizing and replacement with third-party contractors. The middle class is our country's asset. Without it, we'll have the "have-nots" and a very small portion of the population owning everything. I'm beginning to sound like a preacher... I'll stop...

Sponsored Links
post #4 of (permalink) Old 05-20-2000, 01:18 AM
Mud in my Veins
muddybronco's Avatar
Join Date: Oct 1999
Location: woooooo pig sooooooie!
Posts: 6,842
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Oil Company Gas Profit

it's a good thing we all drive gas-efficient ford trucks

muddybronco is offline  
Sponsored Links

Quick Reply

Register Now

In order to be able to post messages on the Off-Road Forums & Discussion Groups forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome