Chevron cutting up to 7,000 jobs as oil profits shrink

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  • Jumpyman Salt Lake City, UT
    Nov. 5, 2015 9:46 a.m.

    MSL, clearly you don't understand why the oil companies are cutting back. It is because of an oversupply of crude oil in the market place. It has nothing to do with supposed "Green Energy", which has not, nor will, replace fossil fuel at any time in the foreseeable future.

  • worf Mcallen, TX
    Oct. 31, 2015 10:37 p.m.

    How did Solyndra work out?

  • GaryO Virginia Beach, VA
    Oct. 31, 2015 6:06 p.m.

    Hey msl man -

    "Green energy is killing the economy . . . "

    BALONEY

  • FT salt lake city, UT
    Oct. 31, 2015 10:27 a.m.

    We are living and seeing the transition from an oil based economy to a green one. Those countries that don't invest now will be on the outside looking in. We're fortunate that we have a POTUS that can see further than 3 months down the road. Oil companies will suffer the same fate as Kodak or Polaroid.

  • LOU Montana Pueblo, CO
    Oct. 31, 2015 9:37 a.m.

    msl man, Taylorsville, UT: Your kidding? Right? Did you forget how the oil companies had full control of this country? Did you forget why we are at war? Don't you remember the previous president and his cabinet had all worked for oil companies?

    A small cut back globally is not the end of world.

  • msl man Taylorsville, UT
    Oct. 31, 2015 4:58 a.m.

    So many oil companies cutting back should be a lesson to the unsustainable green energy advocates who will be losing their supply of oil will affect the production cost of solar panels and grease for with turbine power. Green energy is killing the economy and governemt tax revenues and jobs in Utah and nationally. I wonder if businesses are ready for blackouts and shutdowns? Corporations are so debt ridden the one day of shut down can put a lot of large business out of jobs. We are seeing the beginning of the ripple effect of ideology lies and environmental paranoia is setting the county back 200 years in economic wealth.

    When production declines the government can easily confiscate all resources to maintain its readiness standards and eventually shut down cities and transportation and jobs.