tag:blogger.com,1999:blog-8964719845369935777.post2624462579530480222..comments2024-03-27T21:23:40.339-04:00Comments on Chemjobber: Will shale gas create #chemjobs, or just engineering/construction jobs? Chemjobberhttp://www.blogger.com/profile/15932113680515602275noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8964719845369935777.post-5355139261026294592013-06-17T21:41:58.404-04:002013-06-17T21:41:58.404-04:00I have first-hand knowledge on Jim Gallogly. His s...I have first-hand knowledge on Jim Gallogly. His skill set is to cut pay, and lay off employees. He has two reasons to comment on the lack of qualified workers. The first reason is to justify his decision not to invest in new plants, and instead to give special dividends to the shareholders. Secondly, when the competitions new ethylene and polyethylene plants come on line, Gallogly’s company will need to declare bankruptcy again, because their old plants will not be competitive. Suggesting bankruptcy is a long way off is just his personal payroll extension program. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964719845369935777.post-23947406212013018162013-06-17T19:43:12.194-04:002013-06-17T19:43:12.194-04:00Natural gas production has been flat since early 2...Natural gas production has been flat since early 2012, and prices have doubled since their lows around the same time. Coal bottomed out in terms of market share then as well, and has since been regaining share as gas prices have drifted back upwards. It looks like the fracking boomlet is already running out of steam, and the Red queen drillers are barely keeping their heads above water due to the attrocious decline rates of individual fracked wells.<br /><br />A lot of these crackers are never going to be built, regardless of how many pipe welders they can or cannot find.Ogemaniachttps://www.blogger.com/profile/02396797613368443908noreply@blogger.com