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Originally Posted by scambo1
(Post 1255390)
In the long run, you may be right. Oil for the past 4+ years has been a vehicle for speculation (gambling) due to etf's.
My take; the refinery pays for itself in 1 year - after that it doesn't matter. It is another form of vertical integration. It is no different than paying a lawn service $1000/year to mow your grass, then going out to buy your own push mower for $300 and doing it yourself. Maybe they will buy another one in a different part of the country. |
Originally Posted by 80ktsClamp
(Post 1255340)
I don't think anyone took it to be definite due to the qualifiers... however it was certainly a very low way of trying to get votes for the TA.
I agree with you and the others. It remains to be seen whether we hire or not, so you can't say the net result will be a lie, but the premise was laid. Short of a set of new circumstances that could not be foreseen in June, if there is no hirin', there was some lyin'. |
Originally Posted by acl65pilot
(Post 1255401)
Long term, the refinery was a very smart move. Takes some volatility out of our 12 Bln dollar expense. I just wish we would have kept all of the product to sell, but understand the arrangement de-risks it.
Maybe they will buy another one in a different part of the country. |
speaking of oily crack spread, the backdoor entry for the package isn't working yet. Erm, the Oct bid package that is.
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Originally Posted by acl65pilot
(Post 1255401)
Maybe they will buy another one in a different part of the country.
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In our favor or against us?
Originally Posted by acl65pilot
(Post 1255400)
Have not heard that no furloughs were the quid for the concessions. Doesn't make sense either way. I know it was tic but putting it out there.
As for this deal, well, we bought it, and now it's ours. Was told that the FTDT loa starts negotiation October. That right there could cut as many if not more jobs than the TA. As for how it's was sold or not sold, take that up with the current reps and those that work for them. |
Originally Posted by acl65pilot
(Post 1255400)
Have not heard that no furloughs were the quid for the concessions. Doesn't make sense either way. I know it was tic but putting it out there.
As for this deal, well, we bought it, and now it's ours. Was told that the FTDT loa starts negotiation October. That right there could cut as many if not more jobs than the TA. As for how it's was sold or not sold, take that up with the current reps and those that work for them.
Originally Posted by NERD
(Post 1255470)
In our favor or against us?
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Originally Posted by shiznit
(Post 1255472)
Every rep I've spoken to views the upcoming FTDT negotiations as a way to make gains, not as a path to give concessions in any way, shape or form.
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Originally Posted by shiznit
(Post 1255472)
Every rep I've spoken to views the upcoming FTDT negotiations as a way to make gains, not as a path to give concessions in any way, shape or form.
Also, Shiz, I hope it is net positive and not marginally. Things like Fo rotation guarantee upon assignment are ways to make sure that reroutes are not the only way they deal with duty limit issues. In that regard reroute pay needs to be improved for domestic and international. Nine hrs unaugmented and ULH rules could cause a lot of gains to be negated. |
Originally Posted by 80ktsClamp
(Post 1255474)
Kind of like there were no concessions in any way, shape, or form in the TA? :rolleyes:
Not that I could hold the "Noah's Ark of the North." It's senior in Atlanta. |
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