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Thanks for this.agent007 wrote:If you have a bad cut in your leg, would you go and play in still canal water? This is the analogical question to Petrotrin and its current state. For years the workers together with all other stakeholders could have made a difference to create a leaner more efficient company. Now that a leg in the body of T&T got infected, its like the owner of that leg saying to inject it and dress it and leave there until better can be done but yet you doing the same thing over and over by playing in canal water? Doing the same thing but expecting a different result? Soon when the leg infection grows so badly that gangrene is present - yet the owner says nah, do worry, just inject it and dress it. How stupid is that? When doctors realize that the owner of this leg is nuts, to save his life they amputate the leg and then we have a set of political points bandwagonists joining the discussion to ask, but how you could cut the man leg off just so? How would he look physically after that amputation? The 'supposed' man I am referring to perhaps may have a family and they would prefer that he loses that leg and then receive treatment to recover and perhaps use crotches or a wheelchair or even get a prosthetic leg as opposed to burying/cremating him now would they? That way everybody wins. But now as I liken this to Petrotrin's situation, they have been bleeding and infecting this entire country with massive debt yet they want us to turn a blind eye to this because 700-5000 people deserve to eat ah food still regardless the cost to the rest of the country. That sounding right?
As it stands....
1. So workers want the refinery to remain alive so they could continue the status quo.
2. UNC et al. having nothing constructive to think about so in the spirit of being an opposer, might as well join and say blame the PNM.
3. The 100+ trade union staff now have to adjust their Christmas wish list from BMW X6's to boat ride tickets, because of a drop in revenue attributable to union fees.
etc etc.
Trinispougla wrote:agent007 wrote:If you have a bad cut in your leg, would you go and play in still canal water? This is the analogical question to Petrotrin and its current state. For years the workers together with all other stakeholders could have made a difference to create a leaner more efficient company. Now that a leg in the body of T&T got infected, its like the owner of that leg saying to inject it and dress it and leave there until better can be done but yet you doing the same thing over and over by playing in canal water? Doing the same thing but expecting a different result? Soon when the leg infection grows so badly that gangrene is present - yet the owner says nah, do worry, just inject it and dress it. How stupid is that? When doctors realize that the owner of this leg is nuts, to save his life they amputate the leg and then we have a set of political points bandwagonists joining the discussion to ask, but how you could cut the man leg off just so? How would he look physically after that amputation? The 'supposed' man I am referring to perhaps may have a family and they would prefer that he loses that leg and then receive treatment to recover and perhaps use crotches or a wheelchair or even get a prosthetic leg as opposed to burying/cremating him now would they? That way everybody wins. But now as I liken this to Petrotrin's situation, they have been bleeding and infecting this entire country with massive debt yet they want us to turn a blind eye to this because 700-5000 people deserve to eat ah food still regardless the cost to the rest of the country. That sounding right?
As it stands....
1. So workers want the refinery to remain alive so they could continue the status quo.
2. UNC et al. having nothing constructive to think about so in the spirit of being an opposer, might as well join and say blame the PNM.
3. The 100+ trade union staff now have to adjust their Christmas wish list from BMW X6's to boat ride tickets, because of a drop in revenue attributable to union fees.
etc etc.
pugboy wrote:So if it shut down
What roget gonna do?
The_Honourable wrote:Ok sooo... the rumors from last week was pretty much spot on?
It wasn't "fake news" according to Guy Smiley?
Dizzy28 wrote:Capture.PNG
Several questions as a non energy lay person
1. This is a bit confusing. Importing 100,000 BOPD to supplement the 40,000BOPD being produced is a drain on forex. But to import 25,000BOPD of refined products would also utilize Forex and I am assuming refined products are more expensive than crude. Is it the arbitrage is significantly less?
2. Do we not export all the refined products not used locally anyhows earning forex?
3. We are going to only sell lower value crude to someone else to refine taking our self out of the value chain?
One of the items on the agenda of Theresa May's visit to Nigeria soon is the find a way to correct the imbalance of the UK importing Crude as their #1 import from Nigeria whilst the #1 export to Nigeria is refined products.
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