Fossil fuel companies are at rock bottom ranking, it does not matter if one of us is slightly higher or above other peers, when you are a sinking ship the ranking is useless as we will all be rest in dumpster of history in about 2 to 3 decades.- post from +1dJTO0eq
I keep hearing predictions like this from my colleagues, but I still think that Chevron will survive, admittedly, as a very different company. Any thoughts on what this company will look like in 20-30 years?
OP, you say “Fossil fuel companies are at rock bottom ranking”. You are definitely being hoodwinked by the Socialist Democrat talking points, nothing more. Fossil fuel companies are not going out of business for a very long time. What energy source is going to take their place in the next decade or longer? None. If you think the O&G industry only exists to put gasoline and diesel in motor vehicles tanks, you are way off base. I’m sure that the first thing the evil left in this country what to paint in ignorant people’s minds, and there’s a lot of ignorant folks for sure. But stop a moment and rethink your premise. Fossil fuel companies may be doing the smart thing while Biden and the Dems are in power and keeping a low profile, but going away is not on any of their minds, believe me.
Retired last year, came to the conclusion that the Boomers had the best days possible in the oil industry - opportunity, resources, compensation, travel, benefits, retirement plans, etc., all during the 1980 - 2014 timeframe when there was a clear focus on finding, producing, and marketing oil and gas, nothing else. That ended around 2015, for all companies, not just Chevron. Moving forward, there will be little up and down cycles, but face the reality that overall the industry is shrinking, nobody (outside Houston) likes us (we're becoming like the tobacco industry), you're being forced into hiring and promotion quotas, and green is flat-out targeting us with your management playing along. If you don't believe me, just look at the ever-shrinking number of universities offering oil-related degrees. Yes, if you want to straddle technologies and say that a "transformed" industry offers those same opportunities, fine, but it's no longer the "oil industry". There will still be 'winners', but fewer and fewer of you will be as career-wise and financially successful as the Boomers were.
Nope, none at all, far too busy slurping at the trough to even care.
Pipeline our president’s farts and fossil gas prices will drop like a rock
Oil and Gas will still be here 100 years from now, doing well and paying some of the greatest salaries around. Mark my words.
Human Energy. like the Matrix
Who moved my cheese?
I've been in the oil and gas industry for a very long time, we hear the same sh-t from people when oil and gas tanks. People just tend to hate on it and think its going to die when in reality.. we have too much stuff that depends on oil and gas right now and you can't just make those green energy right away.. it takes time.
Investors expect the companies to go green and carbonless in a day, like its something that you can just flip a switch.. Chevron is not going anywhere for at least the next 15-30 years..
Also agree with @1ukf+1dKmdZZm energy stocks just out performed the market..
It’s not the act of producing oil and gas that makes this company suck and why it’s heading in the dumpster. It’s because it’s Woke
Distant? Decades?
That's call cognitive dissonance.
Think.
Energy stocks just out performed the market. Research plz.
Carbonless?