Thread regarding Noble Energy Inc. layoffs

Oil Demand Returning

Talked with the local Costco gas station attendant. They were pumping 30,000 gallons/day prior to the Wuhan flu outbreak. They bottomed at 10,000 gallons per day and have clawed their way back to 20,000 gallons per day. The outlook is starting to improve.

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| 2252 views | | 17 replies (last June 3, 2020) | Reply
Post ID: @OP+15dtkjCE

17 replies (most recent on top)

You’ll have to forgive the little kitty, NoDogInThis. It’s pretty obvious they’re patrolling this site like it’s their own personal fiefdom. Must be tough when you have nothing else in life. They’re awfully touchy though. Sounds like you struck a cord with the “back stabbing in HOU” comment, made them cough up a hairball. Too funny!

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Post ID: @4qaf+15dtkjCE

Gossip for the sheep. A mind is a terrible thing to waste.

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Post ID: @4mpu+15dtkjCE

Meow! It’s like a nature special where crocodiles eat each other just because. I like the flex of “enjoy your low level job” - if you’re a higher up and enjoy sh–ting on subordinates, well congratulations you dead inside a– hole. Enjoy your divorces and estranged children.

Can we get back to gossip? I’m hearing TX is utterly f—ed. Should make for quite cesspool of back stabbing in HOU.

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Post ID: @4mcr+15dtkjCE

Yes, you are.

Not the other stuff though. Not the posts about Noble’s creepy upskirt shutterbug A-rne Joh-nson. He was the freeking general councel no less! Now that really was immature. Criminal too. So was the response by DS and KF: sweeping it under the rug. “Total waste of time.”

Not the stuff about the systematic manipulation of resource estimates and project risks. All those costly exploration wells and targeted basins failed for good reasons. Reasons that were known in advance. Reasons that were deliberately downplayed and ignored by management so they could pursue their own agenda. Noble wasted billions doing so. That cash is desperately needed now. Instead, we have layoffs. But as you say, “Total waste of time.”

Not the critiques on that useless process called GAP either. “Breakthrough Thinking”, “Files”, “Lost in the Weeds”. That was just brainwashing. Management needed and actively pursued a compliant work force so they could get away with the other things. They got what they were after and now it’s coming back to bite them. GAP was and is a “total waste of time”.

Let’s get something else straight. This site is about layoffs and the dirty little issues behind them. Granted, it’s value is limited. They do far too much filtering to protect the guilty. Still, as stated above, some useful information does get posted.

Not from you though. You seek to distract, to push mindless off topic BS. In truth, your post is the very definition of a “Total waste of time”.

Run along now. Go back to DS and tell him your tried, but those mean employees just refuse to play.

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Post ID: @3mvf+15dtkjCE

Total waste of time.

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Post ID: @3mzl+15dtkjCE

There you go again, liking your own posts. Talk about childish...

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Post ID: @3srs+15dtkjCE

With all the childish posts, it is starting to look like this website is a waste of time.

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Post ID: @2enl+15dtkjCE

LOL! Ok, K-a-ren. Knock yourself out. Add a few bucks and maybe that Costco guy will throw in a couple Ding Dongs.

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Post ID: @2pcg+15dtkjCE
  • and no doubt you enjoy your low level position. Enjoy!
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Post ID: @2bzx+15dtkjCE

I always go to my Costco gas attendant to get the most accurate information possible.

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Post ID: @2evv+15dtkjCE

You naysayers to the original post must be far removed from the markets. The FACT is people close to what’s really going on ( this Costco guy, cab drivers, hotel front desk people, truck drivers, etc.) very often are at the forefront to what is actually taking place. The market and research analysts must see the data before they publish their “facts” and opinions, theses folks are seeing it it take place.

Yes, we need jet / aviation fuel demand to pick up along with buses, trains, fleets, etc but you're mistaken to discount what the guy on the street is seeing and saying.

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Post ID: @2znb+15dtkjCE

@1fqc, what's immature is your belief an anecdotal comment by a gas station attendant is somehow an authoritative statement on the economy. @1epr was simply pointing that out with a sarcastic edge. However, your comment does suggest you are in Noble management or at least one of their lackeys. Given all the lousy business decisions they make it would certainly make sense if they’ve been getting their advice from some guy behind the pump.

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Post ID: @2svk+15dtkjCE

@1epr+15dtkjCE, I don't know anyone at Noble that would post something that immature. If you don't work for Noble you must be some paid political troll seeking to ridicule anyone posting positive comments about the economy.

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Post ID: @1fqc+15dtkjCE

That fits exactly with a QuickTrip (DFW area) manager I talked with. Gas sales were down 50% at lowest point, but already halfway back to pre-Corona levels.

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Post ID: @1uxr+15dtkjCE

hahahaha - "Talked with local Costco attendant...." - That's as credible as listening to Noble Management!

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Post ID: @1epr+15dtkjCE

Yeah, great, gasoline demand has picked up some. Question is: How long will it take demand to get back to where is was? Quite a while I suspect. Plus, as the last poster said, it's not just gasoline volumes that need to be considered. Other products are also in the equation including natural gas. Add to that this viral outbreak isn't over. A second wave is likely. What will happen to demand then? The crystal ball is murky, but it sure looks probable demand will remain tepid.

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Post ID: @1npy+15dtkjCE

That’s great that the demand for fuel for cars Is making a come back. Now we need the demand for air travel to come back too.

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Post ID: @1avx+15dtkjCE

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