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Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 16023 times)

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AGelbert

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    • Renwable Revolution

Schlumberger (SLB), as I said a year and a half ago, is in serious financial trouble. However, they DO NOT plan to accept responsibility for their pollution or their mistakes.  >:(

SLB, true to it's excellent corruption connections with the fossil fuel bought and paid for government, has had a GIANT merger with CAM PRE-APPROVED by the "Justice" Department. No sir, no risk of a monopoly here. LOL! Think about that, sports fans.

SLB has shed 22,000 jobs in the last year and has announced that it will lay off more people this year. It's stock is in the tank. It has lost BILLIONS! It's business model is threatened, not just by lower oil prices, but by pollution lawsuits and damage claims from people and various levels of government AND the coming carbon taxation AND the end of it's subsidy welfare queen gravy train.

So what does SLB do? It fires the "salt of the earth" employees that it had promised to take care of and be loyal to (and so on ;)) on the bottom of the rubber meats the road rig totem pole. AND it plans a merger with CAM to throw off the wages bus a bunch of middle mangers too! Of course this WILL constitute a reduction of competition and an IN YOUR FACE monopolistic practice. But SO WHAT? They've got the "Justice" Department in the fossil fuel government to "take care of the legal business" for them. 


The fact is that SLB has its ass in a giant crack and is being BABIED to enable it to survive. Do you see where I'm going with this, sports fans? The Fossil fuelers and their pals in Houston love to talk about RESPONSIBILITY and COMPETITIVE energy prices and WELFARE WHINERS that MILK THE SYSTEM. Yet that is EXACTLY what the fossil fuel industry WEFARE QUEENS in Houston have DONE in this country from the word "oil find" to the present. 

But more to the point, what SLB is doing is an attempt to manipulate the energy field they are in by merging for price "control"    with the "help" of some friends in the "Justice" Department. 

This is IRRESPONSIBLE. They SHOULD NOT be allowed to merge and they SHOULD go bankrupt because of their incorrect management decisions and their failed business model (creating polluting messes wherever they go that generate damages claims). BUT THAT ISN'T HAPPENING! WHY NOT!!!? You won't get an answer from the trolls defending fossil fuels, who think all this crooked welfare queenery is fine and dandy "corporate fiduciary responsibility", when it is exactly the opposite.


Also, Conocophilips id up to no good. I mention them here because that is MORE interesting financial information: That corporation is planning on making a killing in DIRTY (Fracked) LNG profits within the next year.

Do your part. HELP profit over planet fossil fuel industry WELFARE QUEENS GO BANKRUPT! 

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

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