Oil Companies Tag Page
Why Are Gas Prices So High?
For the most part I think I am a pretty intelligent guy, and for the life of me I can not answer this question.
It is getting crazy. Friday our local gas prices went up about 5 cents. I filled up somewhere near the top of that price range, around $3.49 …
Gasoline Prices
I know I am in trouble now. I got excited about paying $2.43 for a gallon of gas yesterday. That is down from around $2.80 just a couple of weeks ago.
Did someone convince the oil companies that they had enough profits or are they just teasing us?
$2.43 is still ridiculous, …
$44 an oil barrel? Next Exxon-Mobil will need a bailout
How about some compassion for those widows and orphans who bought into the oil industry in May, hoping to boost domestic oil drilling? President-elect Barack Obama feels their pain. He has just ruled out a windfall profits tax on oil companies. Can an Exxon Mobil bailout be far behind? In July, oil was selling at $147 a barrel. It’s plummeted to $44 a barrel this week. Exxon Mobil, selling for $96 a share last May 21, is down to $76 a share. (Presumably, the stock price hasn’t fallen as fas
What The Hell Are We Going To Do About The Economy?
Paul Krugman is concerned, and when he gets concerned, I start to get concerned. After opening the week by stating that the economy looks to be falling off a cliff, now he appears doubtful that even a major investment in infrastructure will do the trick:Two points:1. The economy is falling fast. We’ll see what tomorrow’s employment report says, but we could well be losing jobs at a rate of 450,000 or 500,000 a month.2. Infrastructure spending will take time to get going — a new Goldman Sachs re
LIVE CHAT: THE 2008 ACADEMY AWARDS
We missed our chance to do WestminsterDogShowFreak, so instead we launched OscarFreak, dedicated to the Academy Awards, which trails only the Super Bowl as an ad showcase. On Sunday, we hosted a live chat to critique the Oscar-night ads. See bios of the participants here. Here is the full transcript: 8:00 p.m. ET Barbara Lippert: reege is just slightly better on the red carpet than star jones Bob Moore: WAY CUTER. Rob Schwartz: The "dread" carpet. Bob Moore: sorry for the upper ca
Schlumberger Confirms Lower 2008 Profit (SLB)
Oil field services giant Schlumberger (NYSE:SLB) confirmed yesterday that its gross profit for the full 2008 fiscal year would come in below analysts estimates. The stock closed off about 3% yesterday and shares are down again today. This is also having an impact elsewhere. Schlumberger's CEO and chairman blamed the lowered forecast on "a severe global economic downturn," but noted that "the fundamentals of our industry are sound." The company provided no other details. In fact, that's pretty
Countdown To PA Society.
So If You Follow ... ... state politics, then the chances are pretty good that you also know about the annual Pennsylvania Society weekend in New York City. This year's flurry of fund-raisers, cocktail receptions and other opportunities to get your hob nobbed takes place next weekend (12-13 December). And it kicks off with the annual PA Society Scrimmage reception (sponsored by the ginormous law firm Buchanan, Ingersoll & Rooney) at the ESPN Zone restaurant in Times Square. The PA Society
Fluor: A Strong Balance Sheet Is a Good Thing (FLR, STO, XOM, JEC, FWLT, KBR)
When everyone else is ducking for cover, it often pays to stick your neck out. That seems to be what Fluor Corporation (NYSE:FLR) is doing with the announcement of a new business that it is calling Fluor Offshore Solutions. Fluor has been in the offshore business for decades, but is more well-known for its onshore engineering and construction business. Where it gets interesting is how it is stacking up against peers. The company expects to continue providing engineering, procurement, construc
WSF Headline Roundup - 12/04/08 - GM, Chrysler consider pre-arranged CH11; Union concessions; BOE 100 bp rate cut; Treasury mortgage plans; Oil falls again; Harvard less well endowed; Carlyle job cuts; Nokia, Adobe warn, HP frezing pay; Toll Bros loss
GM, Chrysler Said to Consider Bankruptcy to Get U.S. Bailout GM, Chrysler Win Union Concessions to Bolster Aid Bid Bank of England cuts interest rates 100 bps to 2% Treasury mulls plan to lower mortgage rates to 4.5% Crude Oil Falls a Fifth Day as U.S. Fuel Demand Drops Further Harvard endowment loses $8bn in four months Carlyle Plans To Cut Staff By 10 Percent As Deals Slow Sarkozy to Announce EU26 Billion of Measures to Spur Economy Nokia Cuts Fourth-Quarter Mobile Industry Outlook Adobe slas
Media Digest 12/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, falling interest rates will not offset unemployment and falling prices to save to housing market. Reuters reports that GM (GM) and Chrysler are considering bankruptcy to get US funding. Reuters reports that a collapse of Detroit could hurt Asia rivals buy closing dealers and parts companies. Reuters reports that oil fell below $46, its lowest level in four years. Reuters reports that Credit Suisse will cut 5,300 jobs after saying it had lost another $2.5 billion. Reut
How many times can Obama change his mind?
The "yes we can" screamers made two big mistakes:First, they didn't get Obama's promises in writing; and,Second, they thought that Obama would actually be change. Obama changed his mind again. At this rate, Obama will reappoint Bush's entire Cabinet by January 20th.Here is a good one: Barack Obama won’t impose a windfall-profits tax on oil companies!Don't get me wrong. I like all of these "broken campaign promises".What's going on? Obama is discovering that the world is a lot different now that
Deputy Finance Minister’s Head Under the Sand.
4 December, 2008 Economic | Tags: financial crisis, recession | PRESS STATEMENT Date : 4th Dec 2008 The Deputy Minister of Finance Datuk Kong Cho Ha told the Dewan Negara yesterday that Malaysia has not been directly exposed to the full impact of the global financial crisis. He further indicated that “It is only feeling the pinch indirectly from the minimum impact of the sub-prime mortgage crisis cushioned by the strong domestic economy.” This is an irresponsible statement to make an
More than skin deep December 4, 2008
Posted by David Gillespie in conversation, marketing, storytelling. Tags: Dove, Greenpeace, Motrin, Palm oil, Unilevertrackback Image by Capitan Giona via Flickr So a while back I got up on a high horse (I know I know, say it isn’t so) about story-telling in advertising. I identified the three ways stories get told in advertising, and was making a case for the third way (giving your consumers tools to tell their own stories) as being by far the most powerful. I want to get side-tracked for
THE WORLD today!
——————————————————————————— 1. Barack Obama wins Presidential Election and becomes the 44th President of the United States - Hope for a Change 130 Million Americans, more than in any other election since 1960, voted for a change and choose Obama, obtaining a historic victory to become the first black President of the United States, congratulating and celebrating world leaders, expressing hope, expectations and confidence in a fresh approach to the world’s challenges. Obama won the popular vote w
Press Releases: 12/3/08
MSNBC (1), CNN (1) MSNBC MSNBC PREMIERES “DEAR ZACHARY” SUNDAY DECEMBER 7 AT 9 PM LIVE CHAT WITH DIRECTOR KURT KUENNE FOLLOWING THE PREMIERE NEW YORK- December 3, 2008 - MSNBC will premiere “Dear Zachary: A Letter to a Son About His Father” on Sunday December 7, 2008 at 9:00 PM. This two-hour documentary has emerged as a festival and critic favorite and will make its television premiere this weekend as a part of MSNBC Films. Following the premiere at 11:00 PM, director Kurt Kuenne will be doing
BARACK OBAMA: HOUSE NEGRO OR FIELD NEGRO; WHO IS HIS MASTER?
"You’ve got field Negroes in America today. I’m a field Negro. The masses are the field Negroes.”By: Fahim A. Knight-ELPresident-Elect Barack Obama has been left with a decaying corpse and a petrified carcass better known as the United States Government, which has declined and reached an unbearable political, economic and social stench and is in dire need of fumigation because postmortem has left our government with some intolerable fumes. President-Elect Obama will be assuming one of the worst
Obama shelves oil company tax after price fall
Obama shelves oil company tax after price fall: Apparently I’m the only person on Tumblr who thinks a windfall profit tax is both justifiable and a decent idea. Southpol, streetsofchicago, and muppetpants all seem to oppose it, though they’re doing a lot of arguing for three people who essentially agree with eachother. So what could a windfall profits tax look like? Put simply, it would be a tax on windfall profits. A windfall is an unanticipated gain. A windfall profit, then, is an unanticipa
[aahealth] Oil Production Balanced Scorecard
This is a free-reprint article written by:Sam Miller==================IMPORTANT - Publication/Reprint Terms- You have permission to publish this article electronically infree-only publications such as a website or an ezine as long asthe bylines are included.- You are not allowed to use this article for commercialpurposes. The article should only be reprinted in a publiclyaccessible website and not in a members-only commercial site. - You are not allowed to post/reprint this article in anysites/p
5 Ways That You Can Manage Change Just Like the Big 3 Automakers
The Big 3 - Shining Examples of Good Change Management Practices By now we’ve all seen video gems just like the one above, even if we were trying to go on a media fast. The CEOs of the Big 3 U.S. automakers - General Motors, Ford, and Chrysler - showed up in Washington on November 18 begging for $25 billion and had essentially no plan for how they were going to use that money to make their businesses sustainable. Unsurprisingly, they got a big, fat $0, but now they’re back (but will be arr
Three Green Tech Startups Offer Unique Business Plans For Electric Cars, Alternative Fuels And Energy For Industry
The alternative-energy revolution was chugging ahead at the AlwaysOn Venture Summit on Wednesday, where three green-technology companies hoped to turn the auto, electric and new-fuels industries on their heads. The companies sketched out unique plans to recharge electric cars, find more efficient energy from the sun and make diesel from vegetable oil using an unusul cost-effective process. Half of Nevada can generate all the energy the US needs, says Bob Fishman All claimed they would make
Long-Term Liability for Geologic Sequestration: The Elephant in the Other Room
Update: EPA has extended the comment deadline on its proposed regulatory framework for underground injection control of carbon dioxide to December 24, 2008. This is the third of a three-part series discussing select legal or policy aspects of EPA’s proposed rule for regulating commercial scale carbon and capture and sequestration (CCS) projects, now scheduled to close for public comment on December 24, 2008. The first post analyzed the proposal’s treatment of financial assurance requiremen
Money Being Made From Warming Scare
RED HOT LIES: HOW GLOBAL WARMING ALARMISTS USE THREATS, FRAUD AND DECEPTION TO KEEP YOU MISINFORMED By Larry Thornberry Christopher C. Horner has deconstructed global-warming alarmism before, but in “Red Hot Lies,” he focuses on how the global-warming industry, with huge money and power on the line, defends itself and perpetuates its beliefs. The senior fellow at the Competitive Enterprise Institute shows readers scientists, bureaucrats, journal editors and government agency administrators
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