----- Original Message ----- From: "John D. Giorgis" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Saturday, January 03, 2004 5:31 PM Subject: Minimal Profits for Halliburton
> Here is the NY Times Article that found that so far there have been, quote > "minimal profits" for Haliburton. > > JDG
Any corporation worth its salt can have small or zero profits from certain international operations. Its been SOP in the oil patch for at least the last 20 years....I know because that's how long I've been in there.
If you want, I can tell you some of the techniques, but it should be self evident.
I know a lot of the good 'ol boys at Halliburton. I'd be shocked beyond belief if they didn't take every dime they could out of the situation.
Dan M.
I read a non-fiction serialization in Playboy about the oil business while I worked for Halliburton. I hate to call them abuses, but that's what the writer did. The main line was "We don't pump oil out of the ground, it's money." !00% agreement with you Dan. They reimbursed me for anything I could claim as job related. I'd get plane tickets that had me going from State College to Philly to Chicago to Hobby in Houston. I'd get it changed to Pittsburgh straight to Houston IA and save them a couple of hundred. Of course, they'd quibble on the $40 taxi ride from IA to Hobby, but they would still pay it.
Remember when LA had it's earthquake, 3-5 years after the SF earthquake? A year later the major contractor for the highway construction got a million dollar bonus for finishing his job in time, while they were still negotiating in SF. After the 1991 war how long were the oil fires supposed to last? Years? Carl Segan predicted a nuclear winter. And how long did it take until the last one was put out? Two months? In fact Halliburton lost a lot of money after the first war, they hired thousands of people and really fired up their machine shops expecting a lot of work for years in the gulf. A year later the job was done.
You don't call ELF to fix the oil fields, you call KBR. You don't get some small company to build big things, you get Bechtel.
Kevin T. - VRWC Go Tennessee
_______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
