What Oil Execs Don’t Want You to Know
HTML-код
- Опубликовано: 1 окт 2024
- Marathon Petroleum workers are on strike for the first time in 30 years. The company brought in scabs, who they pay 2x what regular workers get.The scabs aren't qualified to operate the refinery - and a safety issue could cause an explosion in the middle of Detroit.
-----
More Perfect Union’s mission is to build power for working people. Here’s what that means:
We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions.
We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.
We're an independent, nonprofit newsroom. To support our work:
- Help fund our reporting: secure.actblue...
- Substack: substack.perfe...
- TikTok: / moreperfectunion
- Twitter: / moreperfectus
- Facebook: / moreperfectus
- Instagram: / perfectunion
- Threads: www.threads.ne...
- Website: www.perfectuni...
Billionaires fighting tooth and nail to not give up 0.01% of their profits.
Goes beyond Greed
This is Pure Evil.
I had to tell my 21 year old manager (I’m almost 28 for reference) that these suits, and in extension their shareholders, do not care. A profit is a profit. Be it .5% or even 30%. They do not care. He tried to argue against it, so I just finalized the conversation with, “Once you get older, you’ll understand that a profit is a profit.”
@@DeenanTheKemon1 that's why if you're not rich, you shouldn't respect or care for the usa. It's a country only for the rich, let the rich fight for it and respect it.
"The less fortunate must suffer so the wealthy may flourish."
-The tenets of capitalism.
The mainstream media has not been covering any of these strikes. Thank you for bringing attention to this issue.
It's by design. Don't forget the media is actually owned by billionaire and corporations
Well of course they haven't, that might encourage others to go on strike and our corporate overlords can't have THAT now, can they?
The corporate fascist M$M has done far worse than ignoring these strikes, they've been regurgitating the lies and propaganda of the c-suite psychopaths for decades.
Well yes they did ,CBS ,ABC ,NBC is covering this little by little. Capitalism is trying to fit in unions where America finds easier ways to start your own business and is making headways. Robots are starting to take over the workforce a little bit more but not all the way, Making the unions stronger.
According to them ignorance is bliss
If they can offord to pay scabs double the regular wages then they can afford to pay their workers livable wages.
They do get paid livable wages. Look how fat they are. This is just about employee greed
@@SgtJoeSmithyou’re most recent video is about you going to McDonalds and you’re morbidly obese. The jokes write themselves. Please stop listening to the lies being fed to you by corporations and do some research. Your own depression and addictions are due to circumstances of greed that control our world.
That’s what’s happening at Boeing right now. There’s job opening currently for $50-60/hr. Not double but close to it of current workers who’s on strike. There’s a special place in hell for scabs.
@@SgtJoeSmith please look in the mirror. Your most recent video is about your trip to McDonalds. Corporate greed is the cause of the issues in your life as well. Keep yourself educated and do your own research.
@@SgtJoeSmithlol. You’re an idiot, but you already know that and are just here to troll
Greed is not the desire for more, it's the desire for more at the expense of others.
Late stage capitalism
Yep, we are transitioning to Techno feudalism.
Early stage socialism.
@@user-zu5do6ri6r Lsgooooo 💪🏻
@@user-zu5do6ri6r actually it's leading to communism.
We make the products that these corporations turn around and price gouge us for, gotta love capitalism
Good luck to all those men and women fighting for justice. Don’t give up the good fight. It’s time for the people doing the work to get paid a just wage.
I'm attempting to unionize my workplace, and it is such a challenge to motivate people to do anything to help themselves. I so deeply respect these individuals who see the corporate greed for what it is and are willing to go through hardship to push back against it
Sounds like a typical nurse/carer working pattern. Health industry in on this too
that's what I was thinking
GIVE THE PEOPLE A LIVABLE WAGE!!!!! SHAME ON YOU BIG OIL
Capital owners don't feel shame
It’s not just big oil that is doing their workers dirty, it’s all corporations!
The union leader gets paid 800,000 and the average wage is over 80k
shame doesn't matter to them. at all. stop expecting corporations to act with morals. morality is human. corporations are not.
they either need to be forced to act morally, or it will not.
@@louisianahighball4705 The CEO gets paid $24,000,000 and the average executive wage is over $238k, and they do nothing to help but rather are actively hostile towards union members, so what is your point?
Won't matter what the average wage is when all the jobs are outsourced to contractors.
Not sure where you got $800k, the highest figure I saw for the teamsters president was ~$400k total compensation. With 1 million members that means he directly costs each member about $0.50 a year - don't spend that all in one place, bootboy. Union officers cost less than 2% of dues collected. Not a bad deal when it means way more money in your pocket and way more time home with your family.
Paying the scabs 2x really gives their game away. It’s not about the money for management, just about subjugating the workers and getting away with it, laughing all the way to the bank.
at what point should we stop caliing it capitalism and change it to feudalism.
It is feudalism. People don't like the truth. It breaks their delusion.
No more "isms" Free Enterprise that is not a system that can be controlled by a small elite because its free.
When Kamala puts in price controls so that corporations are government run
Same thing
Never because the underlying economic base is still wage labor and the private ownership of the means of production. While we have now reinvented a lot of the horrors of the feudal age we are still capitalist and we will only start changing for the better when we move past this economic model like we moved past feudalism.
I’m a retired Union electrician and a picket line was sacrosanct Nobody would consider crossing it. Watching all the trucks driving through is frustrating and disheartening. Solidarity is is waning and the Fat Cats are smirking in the background. Come on Brothers realize you will be next.
Aren't the Marathon truck drivers teamsters too? Seems like their own trucks are driving through the picket lines.
@theodoreskaff1209 Excellent point. It looks like union workers vs union workers.
Without these hard-working people, CEOs wouldn't have their wealth! Pay these people what they're worth!!!
Why don't you pay the union workers as well as you pay the scabs? What a disgusting display of disrespect to workers!
Trickle down 😂 what a joke
ie. tablescraps
@@darkwyzard More like a golden shower. That is to say, piss.
I wonder if Reagan knew what he was doing, or if it was just complete incompetence.
@@ThoriumBoriumhe knew. He had to.
@@ThoriumBoriumthey knew exactly that it was all BS and came up with a catchy name to fool people. It wasn’t a macroeconomic theory that existed previously. Simply a scheme to lower the higher income tax brackets.
Reagan was previously an actor and they would typically only do two movies a year. Because if they did more most of the money(90%) would be taken in taxes as they hit the maximum marginal tax rate. So they stopped working at two movies.
The trickle down farce is well documented and interesting history. Reagan wasn’t the naive politician he let on. Lots of super shady deals including a deal to keep American hostages in Iran until after he was in office, undermining the Carter administration’s efforts.
“This country has socialism for the rich, rugged individualism for the poor." -Martin Luther King, Jr.
Still as true as ever today.
The fossil fuel industry is gifted tens of billions in subsidies annually, in the USA alone. It's a global problem, but that's our slice of the pie.
This is given to one of the most profitable industries in history. And it's not free, it is at taxpayer expense. How many taxpayers are even aware of this hidden tax? In most years, it is more than the entire budget for NASA. Yet, nobody ever talks about it. Exactly how much is it, why do they deserve, when will it end, why not subsidize renewable energy producers as well?
Food for thought, More Perfect Union.
This is so sad.
While I don’t like unions, I don’t like corporate greed even more
If you want to do a story on corruption at the Florida Department of Health I'm willing to be a source. Thank you.
THIS!
Companies need to stop putting profits first
Absolutely!! 💯%
C-suite salaries magically rise exponentially.
Rank and file employees, on the other hand, would be lucky to even get a cost of living increase. 😳
Great coverage of this. Thank you so much God bless them in their fight for proper labor fairness💯💪🙏✌️
we need to end Shareholder Primacy (Ford V. Chevrolet, 1919) as a legal doctrine! it leads DIRECTLY to disparities like this! 😡
Let us all get one thing straight about these corporations "shareholders": A huge portion of the stock is held by the same people that run the company.
These "shareholders" are the VPs and directors with a vast majority of the rest held by mutual funds and private equity firms run by people on the board of directors (and the boards of other similar corporations -- seriously that is how it works)
....and what is more their directors and VPs of the company are paid a VAST majority of their wages (and for the members of the board it is 100% of their wages) in company stock for which they pay ZERO income tax thanks to the (GOP led) 100% capital gains tax exception.
There’s a special place in hell for scabs. Boeing is currently hiring scabs right now offering $50-60 /hr. Well over current workers.
Could you do a video on the dockworkers strike?
I'll field a bet that they're already working on it.
I support the strikers 100% . I live near there . God be with the Teamsters !!
i always love this quote from an old hong kong movie in the life of hong kong gangs (not real, just movie about them). The underling says, "can't wait till we're successful and you drive a benz.". Boss says "no we're not successful till we all driving benz's".
honestly, boss should make more money, but if they got private jets and your workers got a 1990 civic, somethings wrong.
Thank you for covering this! Crazy that this isn't being covered by the mainstream news
Who even bought the "because of inflation" crap?
So many people, it has been shocking to me that people eat that narrative up... The same people that would say to these folks, "well just get a better job then" which is just so short sighted and cruel.
IAM 751 member. Labor cost is 5% of Boeing's cost to build a 737 and their first offer to the union took away benefits we already have to claim they were offering us a raise. In reality, over the life of the contract, we would lose 2% per year. The media refuses to report on the math of their offer, calling it "a historic offer." Stay strong, Teamsters!
Boeing's debt is 6x its EBITDA. You're negotiating over nothing - a sinking ship.
@@JohnB-nq4js It'll get propped up harder by the government, can't imagine any recent or potential administration letting that manufacturing expertise evaporate in this political climate. God bless the union, take management for all they're worth!
@@Greenitthe man, you don't get it at all. But sure, fuck over the taxpayers. Typical.
@JohnB-nq4js it's all smoke and mirrors. The ratio you refer to is that way through stock buybacks. If you look at their last 5 years, their debt amount follows their buyback, almost dollar for dollar. (We) Boeing already knew they would have to make an equity move this year or take a credit rating hit. They had to do this strike or not. The strike is irrelevant to the stats you quote. Boeing already knows what they are going to pay to end the strike. It's just going to be their last offer, plus a signing bonus increase that, in reality, is just what they would have paid us if we didn't go on strike. Maybe a bump based on what they clawed back by furloughing the salaried. That's my prediction.
Thank you More Perfect Union for bringjng the Refinery Workers strike. The refinery spends a milliin to save a dime, how pathetic. Pay your refinery worker.
When they said they hired scabs, I got so mad, and then it got worse because those scabs aren’t trained to use the machines, so it could be potentially dangerous. This is how capitalism functions and it’s terrible.
These “scabs” run laps around these pampered boomer fossils. They get double pay right out the gate because the teamsters fuckin suck 😂😂😂
Capitalism existing is going too far. 🥴🥴
Please discuss corruption in the political world, we have to get people to understand why the government is broken. Get money out of politics!
Wait why didn’t they put this on the news too
News is paid for by corporate sponsors. NPR is beholden to certain forces and interests as well
Big oil greedy? I'm glad I was sitting down for the revelation.
This is what consolidation has gotten us. Less choice, low wages and a lower standard of living. Thank your government for this to continue to happen
Government is doing the consolidating? Seriously your comment is all over the place. Corporations are horrible, it's the governments fault?
@@someonenotnoone Government has allowed rampant consolidation and only very extremely recently have they started flexing anti-trust a bit more. Yes, it's the government's fault. It's also the fault of greedy corporations, both things can be true, but who is seriously expecting the corpos to self-regulate?
It’s not capitalism, it’s crony capitalism that’s the problem
All forms of capitalism eventually evolve into crony capitalism given enough time
Then an accident happens and suddenly they stop using contractors.
Why do we continue to see that the wealth funnels to the top and the people doing the work getting as little as possible? Greedy people are going from bad to worse. Soon this system of things will be removed and replaced with a government that will benefit all people - 2 Timothy 3:1,13 and Daniel 2:44
With oil prices falling and reduced demand expect marathon to stall for a long time.
Yes, the Midwest and Northeast will lose half their petroleum supplies over the next 5 years.
@@Wolfcamp555 indeed. Plus Americans (myself included) are fucking sick of driving and car dependency. We're finally seeing improvements which will reduce the need to own cars and drive which will not help the oil demand situation. Now if only we could electrify our rail networks.
@@maxstrong1999 because of the way the pipeline system is set and where the oil is produced, the reduction of petroleum supplies will be reduced regionally. Because oil is fungible, that means ALL petroleum products won't even be available in those regions. Not just fuel.
@@maxstrong1999 BIG OIL Texas has already made Climate change deals with the G7. It's getting exported along with 80% of your Natural Gas.
@@Wolfcamp555 I suppose so. I know refineries have been closing but I'm no oil expert.
Good for all of you. Stand up for your rights as workers. Unifor member.
2 timothy 3 :But mark this: There will be terrible times in the last days. 2 People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, 3 without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, 4 treacherous, rash, conceited, lovers of pleasure rather than lovers of God- 5 having a form of godliness but denying its power. Have nothing to do with such people.
rise up my fellow workers. this isnt capitalism gone too far, this is capitalism. control the means of production while you the iron is hot.
$9.7 BILLION DOLLARS IN PROFIT. THAT'S WHY THE GAS PRICES ARE WHERE IT IS AT NOW. GREED
Aaahhhh this is awesome!!! I hope they get what they deserve/earn!!! Thank you for fighting for your and other workers rights!
The distance from family because of work is so real
CEO to worker income ratio 🇺🇸:
1965 : 20.4
1975 : 26.6
1985 : 50.5
1995 : 118.8
2005 : 318.4
2015 : 318.8
2021 : 389
Union Strong!💪🇺🇸💙❤
Force them to pay the scabs double for as long as possible 😅
You guys are awesome!!! Thank you for what you do!
STOP SUPPORTING FOSSIL FUELS. That goes for you MPU, you’re not above the rest of us. SHUT DOWN THIS REFINERY.
You do that you'll be starving. Those fuels literally fund everything from how your food is created to how it gets to a store. How you get to work, what you do, your power etc. Quit being a reeee dard
@@gharm9129 You can whine and snivel all you want. FOSSIL FUELS ARE GOING THE WAY OF THE DODO.
If a company makes record profits, why is it always union workers who want a piece of it? What about the years that a company wasn’t making profits? Is a company not able to put itself in its best position possible for future emergencies? Union workers are not the reason oil companies are making record profits. They’re still just doing the same amount of work as they were doing before. Their unions won’t let them do more than what the basic requirements are.
The workers always want to "share" the profits but never the losses. They take their paycheck and the investors take all the losses.
The O&G industry has had, what, one year of negative net income in the last 20? What do you mean 'the years a company wasn't making profits'?
If the oil companies aren't making record profits 'because of the workers' then lets see what a sector-wide strike does to quarterly earnings bud, see how well that goes.
The workers already absorb the losses far harder than the investors. If there is a hard year the underlying capital assets still have basically the same value, the investors only lose opportunity cost from having their money elsewhere, meanwhile workers get laid off, bonuses cut, canceled PTO if you had it to begin with, and outright bullied for having the gall to expect management to treat them like human beings.
ZERO people want to make it unprofitable to invest in enterprise, even on the left, but when you are making money hand over fist and the people working for you can't afford homes that just ain't right.
@@JohnB-nq4js Damn near every worker would take that offer, why do you think employee stock programs are so goddamn popular when they are available? If it weren't worth having the investors wouldn't be buying in
And Trump wants to stop overtime pay!
I have been studying refinery safety for years and have worked to make them safe. The politics of making refineries safe is complicated, and from what I learned, dangerous if you mess them.
What really makes my heart hurt for them is how painful it has to be to work those shifts and suffering both physically and relationships with family. Its disgusting to make them work like that and sacrifice living. And the government constantly raising retirement age. Omg PAY THEM!
My 22 year old son started a new job about 3 months ago. They are required to work 72 hours a week, with one day off. Three months straight so far. The BS that "kids don't want to work" is a load of crap. They want fair working conditions, period!!
Should be maximum 8 hour shifts 5 days a week so 35 hours based on current pay plus demands.
It is not just about workers but families and communities where pollution and accidents happen.
There are unacceptable levels of pipeline explosions, fires, train derailment and many other accidents.
Workers will get more support if they engage with communities that are harmed by excessive hours and dangerous conditions.
Both workers and communities are key pillars of support for the industry.
thanks for the good reporting
Are the scabs in the room with us right now
I get pay/benefits but complaining about schedules wild. I work in a similar unionized industry and unusual scheduling just comes with the job in a 24/7/365 industry.
The teamsters were the only union I've ever been in that actually tried to help us. I miss it
The people need to understand how these people think as for them it's better to beg for forgiveness than to do the right thing as that is their mindset.
Back when America is now being referred to as great, most workers worked an 8 hour day, in the companies we had.
Rotating shifts are very bad for people’s health. Demand a seat on the board like in Europe.
If unions don’t exist , just think about the French model where they burned the company to the ground and the owners did not live long after this happened. Unions are the peaceful solution to issues that can turn violent.
Yeah and that was a huge mistake and one of the worst thing that has ever happened in French history.
People have forgotten that unions were the nice way of getting things done
Yes! What about the Venezuelan model? Could we try it?
What happens when oil (a commodity) tanks? Better off having a national nuclear power system. At least it doesn't burden the taxpayer when the economics of oil change.
If you think America is such a great country, explain this rampant mistreatment of its workers. Executives aren't supposed to live like royalty in a democracy.
arm your self and go get the investers board an ceo. the masses support you
Not really? Taxes and regulations. But also, if you have soooo many workers you have to find a way to make profits yourself so that everyone makes their fair share. If the ceo is making the same as the workers then the company just dies.
Blame the government for this mess and also the unions itself too. 🤷♂️
"If the ceo is making the same as the workers then the company just dies" factually wrong but go off king, lets forget about the 50s and 60s when CEO pay was an order of magnitude less and yet somehow the economy was even healthier than today lmao
Please buy the stock and go to shareholders meeting. We don’t teach that.
It’s going to be necessary to unite with other unions. It’s what the French people do.
G-d damn SCABS.
It's unfortunate here in America you have to fight for certain things why can't these corporations treat their employees with respect that shouldn't be hard to do
Pray 🙏
Vote!
I'm just waiting for the longshoremen episode. I envy and love people in unions since they push back and help those of us who are too scared to fight... I'm rage applying right now since I'm tired of my job after 4 years of the same broken promises 😅
Bring back 90% tax rates, problem solved..... worked great in the 1950-1970
No it didn't cause even back then no one paid that much on average they paid around 30% but raise corporations tax they don't pay it you do when you buy their product which the will raise the cost of to cover the expense. People need to learn how taxes work if the rich paid there fair share they would pay less than they do now
@@kevinshaw7755 My brother in christ what are you even saying? The 50s and 60s are notably some of the best economic times in history for the average American and we're living through nigh-on gilded age levels of wealth inequality now. Only way to make america great again is to tax the rich like we used to in our glory days. Assuming you're talking about tax avoidance the effective tax rate on the 1% was still closer to 42%, not 30. It is well established, and frankly obvious, fact that money in the pockets of the poor stimulates the economy far more than in the pockets of the wealthy.
Its not that they dont want to pay, they just dont want to pay YOU.
YES! It has!
Good content 👏👏👏👏👏
Once automation is refined enough to replace most jobs, the culling can begin in earnest. I think we’re getting closer.
Hopefully when the blue wave hits in November, we can have a government that will bring corporate America to its knees!
You still believe that left and right crap?
@@GeneralChangFromDanang They're both crap but the blue crap is the only one that ever votes to support workers over corporations, even though it's rare
Union strong
Capitalism is like a sporting event. Without rules, referees, and penalties, it is anarchy and chaos.
It does feel like the working class is starting to rise up……if you look through history that didn’t go so well for the upper echelons……it’s a vicious cycle and if people make a livable wage with safe work environments you wouldn’t hear much complaints outside of the normal stuff
The story seems to be the same across all industries and the entirety of corporate America.
The people up top need a wakeup call
I wouldn't be surprised if the teamsters already have negotiated a deal with the company. I'm certain the company has paid off someone within the teamsters, to minimize the influence the union has. The point is that there is always something shady going on. Oil companies have so much influence they are basically untouchable.
What’s funny about big oil is that, the sludge or byproduct of them producing gasoline, they take it and what would be considered “garbage” they sell it off to roofing manufacturers and that’s where your roofing shingles come from. THEY ARE LITERALLY MAKING MONEY OFF THEIR TRASH 😂
We need to take back rights for labor vs dollars. A dollar invested should come at a discount to the labor required to build that wealth in the first place. No more piggybacking on underpaid laborers. Investors can spend their own time and see how little their dollar is worth when swinging a hammer
“Maintain what we once had”
It's not capitalism that is killing our country, it is Croby Capitalism. Real capitalism is a imperfect thing that hurts and helps all of those that participate BUT crony capitalism is the connection between politicians and companies. In reality what killed real capitalism is the stock market, the shareholders expect a certain return and don't care about the workers who make it work.
Our whole society is based on something that’s dying
It's Capitalism. Walter Reuther believed ," Socialism" is worth voting for .
if they are willing to spend double on scabs to work, then why the fuck can't they pay their real employees that wage.
It's not about capitalism. It's about corrupt politics.
It's totally about capitalism. What do you think fuels corrupt politics? Look up what General Butler foiled in the 1930's. It was an attempted fascist coup of the US, funded by capitalists who didn't like what FDR was doing.
Oh and because they wielded so much power and influence with their money, they suffered almost no consequences.
What do you think capitalism is if you somehow think it fundamentally can't be corrupted?
It's both - it's about unfettered, unregulated capitalism, as we have now in the US because of corrupt politics. They're directly related.
Ever ev and ai is a human job being lost.