Why don't these oil companies contribute?

KaGee

Admiral
Joined
Aug 14, 2004
Messages
7,069
Re: Why don't these oil companies contribute?

Chevron tossed in another 1.5 mil I heard this morning.<br /><br />This thread points out the sad state of affairs we are in. America truly has been "dumbed down". The lack of understanding economics is truly amazing. :(
 

kenimpzoom

Rear Admiral
Joined
Jul 13, 2002
Messages
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Re: Why don't these oil companies contribute?

Here is an annoucment from one of those evil oilfield companies.<br /><br />******************************************<br /><br /><br />I am pleased to confirm that, due to an overwhelming response to the Halliburton Hurricane Relief Fund, Halliburton will match your contributions dollar for dollar to relief efforts in Louisiana, Mississippi and Alabama.<br /><br />********************************************<br /><br />Ken
 

aspeck

Moderator
Staff member
Joined
May 29, 2003
Messages
18,692
Re: Why don't these oil companies contribute?

Chevron is up to 6 mil I believe. Corporate America is having a heart and is ponying up some cash and aid. As are a lot of other countries. God bless them all!
 

ufm82

Master Chief Petty Officer
Joined
Jul 29, 2003
Messages
827
Re: Why don't these oil companies contribute?

Yea, look at all these stingy corporations...<br />Companies move to give to hurricane relief efforts<br /><br /><br />Associated Press<br /><br />Pharmaceutical companies rounded up much-needed medicine, water suppliers loaded trucks with thirst-quenching cargo and companies from petroleum giants to beer makers pitched in millions in cash and products today to help communities battered by Hurricane Katrina. <br /><br /> <br />The efforts to collect money and goods to help the Gulf Coast rebuild gathered momentum Wednesday as officials continued assessing the damage from one of the nation's worst natural disasters. <br /><br />American Red Cross spokeswoman Sarah Marchetti said at least 30 companies had made donations by this morning, and the number was expected to climb. <br /><br />"They've been pouring in," she said. <br /><br />In Indianapolis, drug maker Eli Lilly & Co. prepared to send 40,000 vials of refrigerated insulin to patients in the Southeast, along with at least $1 million in cash to the American Red Cross. <br /><br />"We're poised to ship as soon as we get the OK," Lilly spokesman Edward Sagebiel said. <br /><br />Drug maker Wyeth of Madison, N.J., planned to donate antibiotics and nonprescription pain relievers, health care giant Johnson & Johnson provided $250,000 worth of kits containing toothbrushes, soap and shampoo, as well as pallets of pain relievers and wound care supplies. Drug maker Merck & Co. planned to send antibiotics and hepatitis A vaccines to protect those facing contaminated waters. <br /><br />"Our commitment is open-ended," said Merck spokeswoman Janet Skidmore. <br /><br />Illinois-based pharmaceutical company Abbott Laboratories Inc. is giving $2 million cash and at least $2 million in nutritional and medical products. <br /><br />The U.S. Chamber of Commerce said initial corporate donations to the relief efforts could total more than $100 million. <br /><br />Hank Goldstein, chairman of Giving USA in Glenview, Ill., said individual and corporate donations combined could reach $1 billion. <br /><br />But he predicted the corporate relief effort would be smaller than those recorded after the 2001 terrorist attacks and the tsunami that ravaged Asia in December. <br /><br />"This kind of money comes quick and comes early and then falls off fast after that," Goldstein said. "It will abate along with the water." <br /><br />Donations today already had reached well into the millions and included $5 million from Chevron Corp., $3 million each from JPMorgan Chase & Co. and Citigroup, $2 million from Pfizer and $1 million from insurer State Farm. <br /><br />The Walt Disney Co. contributed $2.5 million, $1 million of which will go to the American Red Cross and the rest for rebuilding efforts and volunteer centers helping affected communities. <br /><br />The contributions also included 50 trucks donated by Nissan North America to the Mississippi Emergency Management Agency, more than 825,000 cans of water supplied by Anheuser-Busch in St. Louis and 3,000 walkie talkie-type phones for emergency personnel from Sprint Nextel Corp. Kellogg Co. of Battle Creek, Mich., sent seven truckloads of crackers and cookies to hard-hit areas. General Motors Corp. also planned to donate 25 cars and trucks to the Red Cross. <br /><br />Qwest Communications International Inc. will send 2,000 long-distance calling cards so those affected could call loved ones, said spokesman Michael Dunne. He said Denver-based Qwest also has given the Red Cross $230,000 to help train responders. <br /><br />Home improvement companies Home Depot and Lowe's pledged cash and manpower, while Culligan International of Northbrook, Ill., sent five truckloads of water to residents in Alabama and Mississippi. <br /><br />The water, part of a larger, 28-truck convoy organized by the Missouri-based Convoy of Hope, was traveling at 10 mph through Mississippi. <br /><br />"It's very treacherous," said Mike Ennis, director of strategic initiatives at Convoy of Hope. <br /><br />Office Depot of Delray Beach, Fla., donated $1 million to the American Red Cross for hurricane relief efforts. Officials announced Wednesday the company also would give the contents of its five New Orleans stores, valued at $4 million, to New Orleans officials to use as they recover from Hurricane Katrina. <br /><br />Spokesman Brian Levine said the contents include items such as printers, paper, cartridges, pens and notebooks. What might be available and its condition were unclear. <br /><br />City officials on Wednesday commandeered equipment from a looted Office Depot. During a state of emergency, authorities have broad powers to take private supplies and buildings for their use. <br /><br />But Levine couldn't say what condition the items might be in given the flooding that has ravaged the city. <br /><br />"I couldn't tell you if it's completely flooded, a little flooded, or not," he said. "Our position is we're donating the contents of the entire store." <br /><br /><br />Before you start whining, how much in enough? A million? A few million? A hundred million? Is that enough?<br /><br />Agree with JB and others- stupid claims with no facts do squat for the situation. <br /><br />UFM82
 

kenimpzoom

Rear Admiral
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Jul 13, 2002
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Re: Why don't these oil companies contribute?

Good story UFM82!<br /><br />Ken
 

Limited-Time

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Mar 30, 2005
Messages
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Re: Why don't these oil companies contribute?

Yah UFM82, GREAT post ............Thats the kind of information we NEED to see on the TV.
 

Ralph 123

Captain
Joined
Jun 24, 2003
Messages
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Re: Why don't these oil companies contribute?

z
<br /><br />Blue is Exxon, Green is Dow Jones, Red is S&P 500
 

JRJ

Commander
Joined
Sep 11, 2001
Messages
2,992
Re: Why don't these oil companies contribute?

Thanks UFM82 for the report. I hope the corporate farms are able to donate.
 

ChaosDad

Seaman Apprentice
Joined
May 20, 2004
Messages
37
Re: Why don't these oil companies contribute?

Most of the big Oil Co. have donated but you will be hard pressed to here anything about it, just not news worthy to report it yet.<br />..CD...
 

BrettNC

Petty Officer 1st Class
Joined
Feb 6, 2005
Messages
298
Re: Why don't these oil companies contribute?

It will be capitalists that repair the damage and rebuild. Not a bunch of whiners. Remember that.
 

Drybo

Petty Officer 2nd Class
Joined
Jun 30, 2005
Messages
145
Re: Why don't these oil companies contribute?

Record profits last quarter, crumbling platforms<br />and refineries, this doesn't make sense. <br /><br />USATODAY.com - <br />Exxon Mobil posts 44% jump in first-quarter profit ... Chemical earnings were a<br />record $1.28 billion, up $718 million from last year on higher margins. ...<br />www.usatoday.com/money/companies/ earnings/2005-04-28-exxonmobil.<br /><br />$1.28 billion ! man I'm glad I bought that Exxon stock. This is just the chemical branch.<br /><br />This is just 2005 first quarter. On the other hand it does make sense. More good news, Halliburton is getting the contract to rebuild.
 

POINTER94

Vice Admiral
Joined
Oct 12, 2003
Messages
5,031
Re: Why don't these oil companies contribute?

Haliburton is going to rebuild an entire city? Cool. Now that the myth that corporate america is heartless has been debunked, who can we blame now?
 

surfduke

Seaman
Joined
Jul 30, 2005
Messages
71
Re: Why don't these oil companies contribute?

Yeah.... who? I'm sure building your a city 30 feet below sea level had nothing to do with it. Now I am all for all of us helping with humanitarian aide, but after that, the people should move to higher ground and let this absolute catastrophy of a city be left in ruins as a lesson to mankind's stupidity! But that will never happen... they will rebuild it, and histroy will repeat itself.
 

waterone1@aol.com

Lieutenant Junior Grade
Joined
Oct 10, 2004
Messages
1,235
Re: Why don't these oil companies contribute?

Corporate America made a proffit....why is that such a dirty word ? Are you aware that your grandmother has her pension invested in that company ? It would seam that some people want the corporations to fail....are you stupid ? even the oil companies carry several thousand people with them, in trading and retirement investments. Yes, these companies posted a profit....good for them! They also are providing a service to us and are donating to the relief effort,,,,give them a break.
 

waterone1@aol.com

Lieutenant Junior Grade
Joined
Oct 10, 2004
Messages
1,235
Re: Why don't these oil companies contribute?

Corporate America made a proffit....why is that such a dirty word ? Are you aware that your grandmother has her pension invested in that company ? It would seam that some people want the corporations to fail....are you stupid ? even the oil companies carry several thousand people with them, in trading and retirement investments. Yes, these companies posted a profit....good for them! They also are providing a service to us and are donating to the relief effort,,,,give them a break.
 
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